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Spartan Carbide Incorporated

$570,200 PPP Loan in Fraser, Michigan

Loan Details

Loan Number
3203807307
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$570,200
Current Approval
$570,200
Forgiveness Amount
$575,395
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spartan Carbide Incorporated
Address
34110 Riviera Dr.
City
Fraser
State
Michigan
ZIP Code
48026-4811
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$456,208
Mortgage Interest
$113,992

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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