Adrian Tool Corporation

$500,000 PPP Loan in Adrian, Michigan

Loan Details

Loan Number
1930897200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$506,611
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adrian Tool Corporation
Address
1441 Enterprise Ave
City
Adrian
ZIP Code
49221-8789
Business Type
Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$500,000

Lender Information

Servicing Lender
Premier Bank
Originating Lender
Premier Bank

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