Verstar Group INC

$941,850 PPP Loan in Chesterfield, Michigan

Loan Details

Loan Number
1730887203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$941,850
Current Approval
$941,850
Forgiveness Amount
$955,062
Forgiveness Date
Sep 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Verstar Group INC
Address
50305 Patricia St
ZIP Code
48051-3803
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.2M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$753,480
Mortgage Interest
$188,370

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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