PPP Loan information for Spring design and manufacturing, inc.

$212,500

Spring design and manufacturing, inc. was initially approved for PPP Loan of amount $212,500, the current approved amount is $212,500. The loan was approved on 04/28/2020 by The Comerica Bank reported 20 jobs and $212,500 was used to fund payroll.

Spring design and manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Shelby Township / Spring design and manufacturing, inc.

SPRING DESIGN AND MANUFACTURING, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPRING DESIGN AND MANUFACTURING, INC.

Borrower Address

14105 Industrial Center Dr.

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48315-3260

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212500.00

Current Approval Amount

212500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-3260

CD

MI-10

Jobs Reported

20

NAICS Code

332613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170000.00

Mortgage Interest Proceed

42500.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213940.28

Forgiveness Date

01/04/2021

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