PPP Loan information for Michigan metal coatings company

$1,003,500

Michigan metal coatings company was initially approved for PPP Loan of amount $1,003,500, the current approved amount is $1,003,500. The loan was approved on 04/29/2020 by The Eastern Michigan Bank reported 89 jobs and $1,003,500 was used to fund payroll.

Michigan metal coatings company is Existing or more than 2 years old

MICHIGAN METAL COATINGS COMPANY

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN METAL COATINGS COMPANY

Borrower Address

2015 DOVE ST

Borrower City

PORT HURON

Borrower State

MI

Borrower Zip

48060-6738

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1003500.00

Current Approval Amount

1003500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT HURON

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-6738

CD

MI-09

Jobs Reported

89

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

753500.00

Mortgage Interest Proceed

100000.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

879771.67

Forgiveness Date

12/10/2021

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