Electro-Matic Ventures, INC

$3,293,000 PPP Loan in Farmington, Michigan

Loan Details

Loan Number
4289647105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$3,293,000
Current Approval
$3,293,000
Forgiveness Amount
$3,329,990
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Electro-Matic Ventures, INC
Address
23409 Industrial Park Ct
ZIP Code
48335-2849
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
206
Estimated Revenue
$67.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$3,293,000

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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