PPP Loan information for City aluminum foundry company

$267,500

City aluminum foundry company was initially approved for PPP Loan of amount $267,500, the current approved amount is $267,500. The loan was approved on 04/27/2020 by The Comerica Bank reported 24 jobs and $267,500 was used to fund payroll.

City aluminum foundry company is Existing or more than 2 years old

PPP Loan Search / MI / Waterford / City aluminum foundry company

CITY ALUMINUM FOUNDRY COMPANY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CITY ALUMINUM FOUNDRY COMPANY

Borrower Address

2505 Williams Drive

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48328-1869

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267500.00

Current Approval Amount

267500.00

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

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48328-1869

CD

MI-11

Jobs Reported

24

NAICS Code

331524

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

267500.00

Mortgage Interest Proceed

0.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

270197.29

Forgiveness Date

05/04/2021

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