Phoenix Induction Corp

$249,000 PPP Loan in South Lyon, Michigan

Loan Details

Loan Number
1032398404
Date Approved
Jan 31, 2021
Loan Status
Paid in Full
Initial Approval
$249,000
Current Approval
$249,000
Forgiveness Amount
$250,397
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Phoenix Induction Corp
Address
10132 Colonial Industrial Dr
ZIP Code
48178-9150
Business Type
Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$249,000

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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