Northern Machine Tool Company

$468,900 PPP Loan in Muskegon, Michigan

Loan Details

Loan Number
2697327310
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$468,900
Current Approval
$468,900
Forgiveness Amount
$330,068
Forgiveness Date
Aug 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Machine Tool Company
Address
761 Alberta Ave
ZIP Code
49441-3002
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$375,170
Mortgage Interest
$93,730

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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