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Vertex Steel Inc.

$490,242 PPP Loan in Milford, Michigan

Loan Details

Loan Number
2951968709
Date Approved
Mar 30, 2021
Loan Status
Paid in Full
Initial Approval
$490,242
Current Approval
$490,242
Forgiveness Amount
$499,953
Forgiveness Date
Apr 3, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Vertex Steel Inc.
Address
2175 Fyke Dr
City
Milford
State
Michigan
ZIP Code
48381-3687
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331222)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$490,240
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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