Schwab Industries, Inc.

$1,547,500 PPP Loan in Shelby Township, Michigan

Loan Details

Loan Number
3641857104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,547,500
Current Approval
$1,547,000
Forgiveness Amount
$1,558,655
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schwab Industries, Inc.
Address
50850 Rizzo Dr
ZIP Code
48315-3248
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$24.9M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,547,000

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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