PPP Loan information for Erdman machine co.

$762,200

Erdman machine co. was initially approved for PPP Loan of amount $762,200, the current approved amount is $762,200. The loan was approved on 06/16/2020 by The Comerica Bank reported 49 jobs and $762,200 was used to fund payroll.

Erdman machine co. is Existing or more than 2 years old

PPP Loan Search / MI / Whitehall / Erdman machine co.

ERDMAN MACHINE CO.

Date Approved

06/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ERDMAN MACHINE CO.

Borrower Address

8529 Silver Creek Rd.

Borrower City

Whitehall

Borrower State

MI

Borrower Zip

49461

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

762200.00

Current Approval Amount

762200.00

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

Whitehall

Project County Name

MUSKEGON

Project State

MI

Project Zip

49461-0001

CD

MI-02

Jobs Reported

49

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

762200.00

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

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

767111.96

Forgiveness Date

02/11/2021

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