Powder Cote II INC
$1,771,890 PPP Loan in Mount Clemens, Michigan
Loan Details
- Loan Number
- 4378867201
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,771,890
- Current Approval
- $1,771,890
- Forgiveness Amount
- $1,789,997
- Forgiveness Date
- May 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Powder Cote II INC
- Address
- 50 North Rose St
- City
- Mount Clemens
- State
- Michigan
- ZIP Code
- 48043-5405
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332812)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 201
- Estimated Revenue
- $49.1M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $1,417,512
- Rent
- $265,804
- Utilities
- $88,574
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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|---|---|---|
| Svs Vision INC | $6,676,797 |  Research |
| Masonry Solutions Midwest LLC | $5,036,900 | Research |
| Concord Tool and Manufacturing, Inc. | $2,135,575 | Research |
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