Tandem Specialized

$456,125 PPP Loan in Grayling, Michigan

Loan Details

Loan Number
9073417001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$456,125
Current Approval
$456,125
Forgiveness Amount
$459,787
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tandem Specialized
Address
5789 Industrial Drive
ZIP Code
49738-7000
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$364,900
Rent
$45,613
Utilities
$45,612

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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