Rich's Cadillac Truck Service, Inc.
$285,437 PPP Loan in Cadillac, Michigan
Loan Details
- Loan Number
- 9398267002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $285,437
- Current Approval
- $285,437
- Forgiveness Amount
- $288,909
- Forgiveness Date
- Jul 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rich's Cadillac Truck Service, Inc.
- Address
- 4675 S 39 1/2 Rd
- City
- Cadillac
- State
- Michigan
- ZIP Code
- 49601-9636
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $8.4M
- Rural/Urban
- Rural
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $245,259
- Rent
- $13,400
- Utilities
- $4,600
- Health Care
- $2,400
- Mortgage Interest
- $19,250
- Debt Interest
- $528
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Cadillac, MI
| Business | Approved | |
|---|---|---|
| Cadillac Casting, INC | $5,882,925 |  AI Deep Dive |
| Zhongding USA Cadillac INC | $1,943,467 | AI Deep Dive |
| Heritage Broadcasting Company of Michigan | $1,699,078 | AI Deep Dive |
| Brooks & Perkins, Inc. | $812,032 | AI Deep Dive |
| Van Drie Furniture Company of Cadillac, Inc. | $615,616 | AI Deep Dive |
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