Process Engineering & Equipment Company
$580,123 PPP Loan in Comstock Park, Michigan
Loan Details
- Loan Number
- 2230397109
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $580,123
- Current Approval
- $580,123
- Forgiveness Amount
- $583,540
- Forgiveness Date
- Nov 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Process Engineering & Equipment Company
- Address
- 571 6 Mile Rd NW
- City
- Comstock Park
- State
- Michigan
- ZIP Code
- 49321-9594
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $11.6M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $232,050
- Rent
- $100,000
- Utilities
- $28,826
- Health Care
- $219,248
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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