Ihc, Inc.

$1,916,400 PPP Loan in Detroit, Michigan

Loan Details

Loan Number
4142177308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$1,916,400
Current Approval
$1,916,400
Forgiveness Amount
$1,933,967
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ihc, Inc.
Address
12400 Burt Rd
ZIP Code
48228-5500
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332813)
Business Age
Existing or more than 2 years old
Jobs Reported
165
Estimated Revenue
$40.3M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,533,198
Mortgage Interest
$383,202

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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