Hometown Development Company, LLC

$47,700 PPP Loan in Ada, Michigan

Loan Details

Loan Number
9356367010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$47,700
Current Approval
$47,700
Forgiveness Amount
$48,004
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hometown Development Company, LLC
Address
6440 Fulton St E, Ste 203
City
Ada
ZIP Code
49301-8412
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$40,000
Rent
$2,100
Utilities
$700
Debt Interest
$4,900

Lender Information

Servicing Lender
United Bank of Michigan
Originating Lender
United Bank of Michigan

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