Margolis Nursery, Inc.

$387,860 PPP Loan in Ypsilanti, Michigan

Loan Details

Loan Number
9587637005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$387,860
Current Approval
$387,860
Forgiveness Amount
$392,876
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Margolis Nursery, Inc.
Address
9600 Cherry Hill Rd
ZIP Code
48198-9420
Business Type
Corporation
Industry (NAICS)
Retail Trade (444220)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$366,860
Rent
$20,000
Utilities
$1,000

Lender Information

Servicing Lender
Chelsea State Bank
Originating Lender
Chelsea State Bank

Other PPP Loans in Ypsilanti, MI

BusinessApproved
Doug Kalitta Holdings, INC$5,459,710NewBizBotAI Deep Dive
21st Century Salvage INC$3,370,000NewBizBotAI Deep Dive
Doan Construction Co.$2,509,400NewBizBotAI Deep Dive
O&w, Incorporated$2,135,832NewBizBotAI Deep Dive
Huron Gastroenterology Associates, P.c.$2,129,658NewBizBotAI Deep Dive

Want to research this company further?