Future Tool and Machine, Inc.

$563,200 PPP Loan in Romulus, Michigan

Loan Details

Loan Number
2413837200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$563,200
Current Approval
$563,200
Forgiveness Amount
$566,718
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Future Tool and Machine, Inc.
Address
28900 Goddard
ZIP Code
48174-2700
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$563,200

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

Other PPP Loans in Romulus, MI

BusinessApproved
Midfield Concession Enterprises, Inc.$5,111,700NewBizBotAI Deep Dive
Don Lee Distributor, Inc.$4,804,100NewBizBotAI Deep Dive
Federal Screw Works$3,813,900NewBizBotAI Deep Dive
Transportation Services, Inc.$3,754,500NewBizBotAI Deep Dive
Midfield Concession Enterprises Inc.$2,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free