PPP Loan information for Shuert industries, inc.

$2,596,300

Shuert industries, inc. was initially approved for PPP Loan of amount $2,596,300, the current approved amount is $2,596,300. The loan was approved on 04/10/2020 by The Comerica Bank reported 198 jobs and $2,596,300 was used to fund payroll.

Shuert industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Shuert industries, inc.

SHUERT INDUSTRIES, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHUERT INDUSTRIES, INC.

Borrower Address

6600 DOBRY DR

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48314-1425

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2596300.00

Current Approval Amount

2596300.00

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

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48314-1425

CD

MI-10

Jobs Reported

198

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2077088.00

Mortgage Interest Proceed

519212.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2630628.86

Forgiveness Date

08/12/2021

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