Michigan Tool Works
$407,700 PPP Loan in Sturgis, Michigan
Loan Details
- Loan Number
- 3790498310
- Date Approved
- Jan 22, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $407,700
- Current Approval
- $407,700
- Forgiveness Amount
- $412,012
- Forgiveness Date
- Feb 17, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Michigan Tool Works
- Address
- 1200 W Lafayette St
- City
- Sturgis
- State
- Michigan
- ZIP Code
- 49091-1093
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- $5.5M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $407,697
- Utilities
- $1
Lender Information
- Servicing Lender
- Century Bank and Trust
- Originating Lender
- Century Bank and Trust
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| Guardiantrac, LLC | $3,027,210 |  AI Deep Dive |
| Basin Material Handling LLC | $2,612,804 | AI Deep Dive |
| Sturgis Molded Products Company | $2,161,208 | AI Deep Dive |
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| Sturgis Hospital Inc. | $1,666,392 | AI Deep Dive |
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