Foresight Group Inc.

$890,490 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
9505197001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$890,490
Current Approval
$890,490
Forgiveness Amount
$900,029
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Foresight Group Inc.
Address
2822 Martin Luther King Jr Blvd
ZIP Code
48906-2927
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$85.3M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$736,457
Rent
$65,046
Utilities
$25,904
Health Care
$12,000
Debt Interest
$51,083

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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