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Argus Corporation

$780,500 PPP Loan in Redford, Michigan

Loan Details

Loan Number
1954237108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$780,500
Current Approval
$780,500
Forgiveness Amount
$785,055
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Argus Corporation
Address
12540 Beech Daly Rd
City
Redford
State
Michigan
ZIP Code
48239-2469
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$780,500

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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