German Machine Tools of America

$182,410 PPP Loan in Ann Arbor, Michigan

Loan Details

Loan Number
4006077308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$182,410
Current Approval
$182,410
Forgiveness Amount
$183,814
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
German Machine Tools of America
Address
4630 Freedom Dr
ZIP Code
48108-9104
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$182,410

Lender Information

Servicing Lender
Chelsea State Bank
Originating Lender
Chelsea State Bank

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