Emag LLC

$1,146,500 PPP Loan in Farmington, Michigan

Loan Details

Loan Number
1028377301
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,146,500
Current Approval
$1,146,500
Forgiveness Amount
$1,158,506
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Emag LLC
Address
38800 Grand River Ave
ZIP Code
48335-1526
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$20.4M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$917,246
Utilities
$229,254

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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