Progressive Metal Forming, Inc.

$354,200 PPP Loan in Hamburg, Michigan

Loan Details

Loan Number
1394597308
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$354,200
Current Approval
$354,200
Forgiveness Amount
$356,611
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Progressive Metal Forming, Inc.
Address
10850 Hall Road
ZIP Code
48139-0145
Business Type
Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$283,414
Mortgage Interest
$70,786

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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