Maco Tool & Engineering Inc.

$172,558 PPP Loan in Saint Johns, Michigan

Loan Details

Loan Number
2869528304
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$172,558
Current Approval
$172,558
Forgiveness Amount
$173,664
Forgiveness Date
Sep 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Maco Tool & Engineering Inc.
Address
210 Spring St
ZIP Code
48879-1534
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$172,555
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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