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Veit Tool & Gage, Inc.

$177,666 PPP Loan in Davison, Michigan

Loan Details

Loan Number
3816397307
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$177,666
Current Approval
$160,826
Forgiveness Amount
$161,848
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Veit Tool & Gage, Inc.
Address
303 S. Dayton St
City
Davison
State
Michigan
ZIP Code
48423-1501
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$133,517
Rent
$6,296
Utilities
$6,296
Debt Interest
$14,717

Lender Information

Servicing Lender
Credit Union One
Originating Lender
Credit Union One

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