Fusion Welding Solutions, Inc.
$872,500 PPP Loan in Clinton Twp, Michigan
Loan Details
- Loan Number
- 1700587707
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $872,500
- Current Approval
- $872,500
- Forgiveness Amount
- $881,312
- Forgiveness Date
- May 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fusion Welding Solutions, Inc.
- Address
- 20836 Hall Rd 321
- City
- Clinton Twp
- State
- Michigan
- ZIP Code
- 48038
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $5.9M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $805,500
- Rent
- $5,400
- Utilities
- $1,600
- Health Care
- $60,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| Recaro Automotive North America LLC | $2,000,000 |  Research |
| S&k Group LLC | $1,544,837 | Research |
| Prestige Engineering Resources & Techno | $1,423,425 | Research |
| Prestige Engineering Recources and Technologies, Inc. | $1,423,000 | Research |
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