PPP Loan information for Atco industries, inc.

$2,427,300

Atco industries, inc. was initially approved for PPP Loan of amount $2,427,300, the current approved amount is $2,427,300. The loan was approved on 04/11/2020 by The Comerica Bank reported 133 jobs and $2,427,300 was used to fund payroll.

Atco industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Atco industries, inc.

ATCO INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ATCO INDUSTRIES, INC.

Borrower Address

7200 15 MILE RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48312-4524

Loan Status Date

06/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2427300.00

Current Approval Amount

2427300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48312-4524

CD

MI-10

Jobs Reported

133

NAICS Code

561910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1941842.00

Mortgage Interest Proceed

485458.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2479958.92

Forgiveness Date

06/07/2022

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