Empire Electronics, Inc.

$1,021,485 PPP Loan in Troy, Michigan

Loan Details

Loan Number
2044647108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,021,485
Current Approval
$1,021,485
Forgiveness Amount
$1,036,612
Forgiveness Date
Oct 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Empire Electronics, Inc.
Address
214 East Maple Road 0.0
City
Troy
ZIP Code
48083-2716
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335931)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$24.6M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$786,106
Rent
$124,882
Utilities
$12,431
Health Care
$56,666
Debt Interest
$41,400

Lender Information

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

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