Champion Gasket and Rubber, Inc.

$277,935 PPP Loan in Commerce Township, Michigan

Loan Details

Loan Number
1471797303
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$277,935
Current Approval
$277,935
Forgiveness Amount
$280,853
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Champion Gasket and Rubber, Inc.
Address
3225 Haggerty Highway
ZIP Code
48390-1725
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339991)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$222,348
Mortgage Interest
$55,587

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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