Central Michigan Paper Company

$830,395 PPP Loan in Ada, Michigan

Loan Details

Loan Number
9520547008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$830,395
Current Approval
$830,395
Forgiveness Amount
$835,074
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Central Michigan Paper Company
Address
6194 East Fulton Street 0.0
City
Ada
ZIP Code
49301-8433
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424110)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$648,484
Rent
$24,138
Utilities
$13,192
Health Care
$123,600
Debt Interest
$20,981

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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