Maxitrol Company

$2,251,099 PPP Loan in Southfield, Michigan

Loan Details

Loan Number
1831497105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,251,099
Current Approval
$2,251,099
Forgiveness Amount
$2,281,310
Forgiveness Date
Aug 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Maxitrol Company
Address
23555 Telegraph Road 0.0
ZIP Code
48033-4129
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335314)
Business Age
Existing or more than 2 years old
Jobs Reported
248
Estimated Revenue
$64.9M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$2,162,486
Rent
$19,345
Utilities
$69,268

Lender Information

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

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