PPP Loan information for Scrap masters inc.

$255,700

Scrap masters inc. was initially approved for PPP Loan of amount $255,700, the current approved amount is $255,700. The loan was approved on 02/25/2021 by The Comerica Bank reported 35 jobs and $255,700 was used to fund payroll.

Scrap masters inc. is Existing or more than 2 years old

PPP Loan Search / MI / Manchester / Scrap masters inc.

SCRAP MASTERS INC.

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCRAP MASTERS INC.

Borrower Address

500 W Madison St

Borrower City

Manchester

Borrower State

MI

Borrower Zip

48158-9805

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

255700.00

Current Approval Amount

255700.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manchester

Project County Name

WASHTENAW

Project State

MI

Project Zip

48158-9805

CD

MI-06

Jobs Reported

35

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

255695.00

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

256964.29

Forgiveness Date

09/07/2021

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