R.w. Mead and Sons, Inc.

$946,000 PPP Loan in Fraser, Michigan

Loan Details

Loan Number
9947487209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$946,000
Current Approval
$946,000
Forgiveness Amount
$955,828
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R.w. Mead and Sons, Inc.
Address
33795 Riviera Dr
City
Fraser
ZIP Code
48026-4808
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.7M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$756,824
Mortgage Interest
$189,176

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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