Phoenix Induction Corporation
$251,300 PPP Loan in South Lyon, Michigan
Loan Details
- Loan Number
- 2668437309
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $251,300
- Current Approval
- $251,300
- Forgiveness Amount
- $254,078
- Forgiveness Date
- Jun 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Phoenix Induction Corporation
- Address
- 10132 Colonial Industrial Drive
- City
- South Lyon
- State
- Michigan
- ZIP Code
- 48178-9150
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333994)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $201,096
- Mortgage Interest
- $50,204
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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