Star Cutter Co.

$4,089,200 PPP Loan in Farmington Hills, Michigan

Loan Details

Loan Number
1598567105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$4,089,200
Current Approval
$4,089,200
Forgiveness Amount
$4,136,621
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Star Cutter Co.
Address
23461 Industrial Park Drive 0.0
ZIP Code
48335-2855
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
317
Estimated Revenue
$83.0M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$3,414,200
Utilities
$175,000
Health Care
$450,000
Debt Interest
$50,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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