PPP Loan information for Tpi powder metallurgy, inc.

$606,500

Tpi powder metallurgy, inc. was initially approved for PPP Loan of amount $606,500, the current approved amount is $606,500. The loan was approved on 04/04/2020 by The 1st State Bank reported 66 jobs and $606,500 was used to fund payroll.

Tpi powder metallurgy, inc. is Existing or more than 2 years old

TPI POWDER METALLURGY, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TPI POWDER METALLURGY, INC.

Borrower Address

12030 BEAVER RD

Borrower City

SAINT CHARLES

Borrower State

MI

Borrower Zip

48655-8639

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

606500.00

Current Approval Amount

606500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

SAGINAW

Project State

MI

Project Zip

48655-8639

CD

MI-04

Jobs Reported

66

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

98400.00

Payroll Proceed

485200.00

Mortgage Interest Proceed

0.00

Rent Proceed

22900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

612059.58

Forgiveness Date

03/11/2021

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