Mechanical Insulation, Inc.

$828,300 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
9273737106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$828,300
Current Approval
$828,300
Forgiveness Amount
$835,516
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Insulation, Inc.
Address
3001 N Martin Luther King Jr Blvd
ZIP Code
48906-2947
Business Type
Corporation
Industry (NAICS)
Construction (238310)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$796,300
Rent
$24,000
Utilities
$8,000

Lender Information

Servicing Lender
Michigan State University Fcu
Originating Lender
Michigan State University Fcu

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