PPP Loan information for Peerless metal powders and abrasive, llc

$339,500

Peerless metal powders and abrasive, llc was initially approved for PPP Loan of amount $339,500, the current approved amount is $339,500. The loan was approved on 01/30/2021 by The Comerica Bank reported 27 jobs and $339,500 was used to fund payroll.

Peerless metal powders and abrasive, llc is Existing or more than 2 years old

PPP Loan Search / MI / Melvindale / Peerless metal powders and abrasive, llc

PEERLESS METAL POWDERS AND ABRASIVE, LLC

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PEERLESS METAL POWDERS AND ABRASIVE, LLC

Borrower Address

18900 Rialto St

Borrower City

Melvindale

Borrower State

MI

Borrower Zip

48122-1951

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

339500.00

Current Approval Amount

339500.00

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

Melvindale

Project County Name

WAYNE

Project State

MI

Project Zip

48122-1951

CD

MI-13

Jobs Reported

27

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

339496.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343970.08

Forgiveness Date

05/24/2022

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