Ultimate Hydroforming Inc.

$2,000,000 PPP Loan in Sterling Heights, Michigan

Loan Details

Loan Number
2829668306
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,014,849
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ultimate Hydroforming Inc.
Address
42450 Yearego Dr
ZIP Code
48314-3262
Business Type
Corporation
Industry (NAICS)
Manufacturing (332439)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$34.7M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Independent Bank
Originating Lender
Independent Bank

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