Calumet Electronics Corporation

$1,972,080 PPP Loan in Calumet, Michigan

Loan Details

Loan Number
1721897106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,972,080
Current Approval
$1,972,080
Forgiveness Amount
$1,988,343
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Calumet Electronics Corporation
Address
25830 Depot St
ZIP Code
49913-1985
Business Type
Corporation
Industry (NAICS)
Manufacturing (334412)
Business Age
Existing or more than 2 years old
Jobs Reported
281
Estimated Revenue
$73.6M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$1,569,769
Utilities
$391,937
Health Care
$7,894
Debt Interest
$2,480

Lender Information

Servicing Lender
Peoples State Bank of Munising
Originating Lender
Peoples State Bank of Munising

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