Eto Magnetic Corp>

$1,317,500 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
3056568400
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$1,317,500
Current Approval
$1,317,500
Forgiveness Amount
$1,324,161
Forgiveness Date
Aug 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Eto Magnetic Corp>
Address
5925 Patterson Ave SE
ZIP Code
49512-9618
Business Type
Corporation
Industry (NAICS)
Manufacturing (336330)
Business Age
Existing or more than 2 years old
Jobs Reported
114
Estimated Revenue
$29.8M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,317,499
Utilities
$1

Lender Information

Servicing Lender
Hsbc Bank Usa, National Association
Originating Lender
Hsbc Bank Usa, National Association

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