PPP Loan information for Milco manufacturing company & welform electrodes, inc. (co-b

$600,000

Milco manufacturing company & welform electrodes, inc. (co-b was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 49 jobs and $600,000 was used to fund payroll.

Milco manufacturing company & welform electrodes, inc. (co-b is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Milco manufacturing company & welform electrodes, inc. (co-b

MILCO MANUFACTURING COMPANY & WELFORM ELECTRODES, INC. (CO-B

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MILCO MANUFACTURING COMPANY & WELFORM ELECTRODES, INC. (CO-B

Borrower Address

2147 E 10 MILE RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091-1395

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-1395

CD

MI-10

Jobs Reported

49

NAICS Code

333992

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

564786.36

Forgiveness Date

08/31/2021

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