Hydra-Zorb Company

$487,600 PPP Loan in Auburn Hills, Michigan

Loan Details

Loan Number
3952487304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$487,600
Current Approval
$487,600
Forgiveness Amount
$491,189
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hydra-Zorb Company
Address
1751 Summit Dr
ZIP Code
48326-1780
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332510)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$390,108
Mortgage Interest
$97,492

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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