PPP Loan information for Specialty industries inc

$880,000

Specialty industries inc was initially approved for PPP Loan of amount $880,000, the current approved amount is $880,000. The loan was approved on 01/17/2021 by The Commercial Bank reported 37 jobs and $880,000 was used to fund payroll.

Specialty industries inc is Existing or more than 2 years old

PPP Loan Search / MI / Sunfield / Specialty industries inc

SPECIALTY INDUSTRIES INC

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPECIALTY INDUSTRIES INC

Borrower Address

8685 W Grand Ledge Hwy

Borrower City

Sunfield

Borrower State

MI

Borrower Zip

48890-9717

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

880000.00

Current Approval Amount

880000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sunfield

Project County Name

EATON

Project State

MI

Project Zip

48890-9717

CD

MI-07

Jobs Reported

37

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

879997.00

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

889740.27

Forgiveness Date

03/02/2022

;