1271 Associates, Inc. DBA Welders and Presses, Inc.
$1,232,050 PPP Loan in Chesterfield, Michigan
Loan Details
- Loan Number
- 2064437700
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,232,050
- Current Approval
- $1,232,050
- Forgiveness Amount
- $1,245,365
- Forgiveness Date
- Jun 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- 1271 Associates, Inc. DBA Welders and Presses, Inc.
- Address
- 27295 Luckino Dr
- City
- Chesterfield
- State
- Michigan
- ZIP Code
- 48047
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333992)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $130.9M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $938,850
- Rent
- $203,200
- Utilities
- $20,000
- Health Care
- $70,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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