Excel Salon Products, Inc.
$792,332 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 9930877005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $792,332
- Current Approval
- $792,332
- Forgiveness Amount
- $797,455
- Forgiveness Date
- Dec 8, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Excel Salon Products, Inc.
- Address
- 3498 Kraft Ave SE
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49512-2003
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423490)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 64
- Estimated Revenue
- $19.6M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $681,913
- Rent
- $32,820
- Utilities
- $16,551
- Health Care
- $61,047
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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