Basic Metals INC

$375,740 PPP Loan in New Haven, Michigan

Loan Details

Loan Number
2228788410
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$375,740
Current Approval
$375,740
Forgiveness Amount
$378,109
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Basic Metals INC
Address
57250 Rosell Rd
ZIP Code
48048-2693
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$375,738
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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