Industrial Machine Products, Inc.
$541,300 PPP Loan in Oxford, Michigan
Loan Details
- Loan Number
- 3425667308
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $541,300
- Current Approval
- $541,300
- Forgiveness Amount
- $546,743
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Industrial Machine Products, Inc.
- Address
- 32 Louck St
- City
- Oxford
- State
- Michigan
- ZIP Code
- 48371-4637
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (331221)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $15.2M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $433,116
- Mortgage Interest
- $108,184
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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