Steel Tool & Engineering Company

$1,610,200 PPP Loan in Brownstown Twp, Michigan

Loan Details

Loan Number
3375328406
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$1,610,200
Current Approval
$1,610,200
Forgiveness Amount
$1,621,784
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Steel Tool & Engineering Company
Address
28005 Fort St
ZIP Code
48183-4909
Business Type
Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
162
Estimated Revenue
$42.4M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$1,610,197
Utilities
$1

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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