Lincoln Park Boring Co.

$556,532 PPP Loan in Romulus, Michigan

Loan Details

Loan Number
3859967301
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$556,532
Current Approval
$556,532
Forgiveness Amount
$563,550
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lincoln Park Boring Co.
Address
28089 Wick Road
ZIP Code
48174-2622
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$445,225
Rent
$111,307

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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