PPP Loan information for Michigan specialty coatings, inc.

$590,000

Michigan specialty coatings, inc. was initially approved for PPP Loan of amount $590,000, the current approved amount is $590,000. The loan was approved on 04/05/2020 by The Eastern Michigan Bank reported 56 jobs and $590,000 was used to fund payroll.

Michigan specialty coatings, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAINT CLAIR / Michigan specialty coatings, inc.

MICHIGAN SPECIALTY COATINGS, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN SPECIALTY COATINGS, INC.

Borrower Address

5407 GRATIOT AVE

Borrower City

SAINT CLAIR

Borrower State

MI

Borrower Zip

48079-1428

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590000.00

Current Approval Amount

590000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLAIR

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48079-1428

CD

MI-09

Jobs Reported

56

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17700.00

Payroll Proceed

531000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5900

Business Type

Subchapter S 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

593847.12

Forgiveness Date

12/09/2020

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