Tube Forming and Machine INC

$104,300 PPP Loan in Oscoda, Michigan

Loan Details

Loan Number
1900667102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$104,300
Current Approval
$104,300
Forgiveness Amount
$105,088
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tube Forming and Machine INC
Address
4614 Industrial Row
City
Oscoda
ZIP Code
48750-9545
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332996)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$83,300
Rent
$13,000
Utilities
$7,750
Debt Interest
$250

Lender Information

Servicing Lender
Huron Community Bank
Originating Lender
Huron Community Bank

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