Vankempen Electric, INC

$296,842 PPP Loan in Walker, Michigan

Loan Details

Loan Number
9168827009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$296,842
Current Approval
$296,842
Forgiveness Amount
$299,501
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vankempen Electric, INC
Address
3716 Dykstra Dr NW
City
Walker
ZIP Code
49544-9745
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$286,255
Rent
$9,000
Utilities
$1,587

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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