PPP Loan information for Michielutti bros inc

$421,700

Michielutti bros inc was initially approved for PPP Loan of amount $421,700, the current approved amount is $421,700. The loan was approved on 01/28/2021 by The Comerica Bank reported 20 jobs and $421,700 was used to fund payroll.

Michielutti bros inc is Existing or more than 2 years old

MICHIELUTTI BROS INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIELUTTI BROS INC

Borrower Address

15033 E 9 Mile Rd

Borrower City

Eastpointe

Borrower State

MI

Borrower Zip

48021-2139

Loan Status Date

08/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

421700.00

Current Approval Amount

421700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eastpointe

Project County Name

MACOMB

Project State

MI

Project Zip

48021-2139

CD

MI-10

Jobs Reported

20

NAICS Code

238340

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

421698.00

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

427802.94

Forgiveness Date

07/08/2022

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