Metaltec Steel Abrasive Company

$657,734 PPP Loan in Canton, Michigan

Loan Details

Loan Number
2417667107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$657,734
Current Approval
$657,734
Forgiveness Amount
$664,510
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Metaltec Steel Abrasive Company
Address
41155 Joy Road
City
Canton
ZIP Code
48187-2094
Business Type
Corporation
Industry (NAICS)
Manufacturing (327910)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$43.6M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$657,734

Lender Information

Servicing Lender
Emigrant Bank
Originating Lender
Emigrant Bank

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