Production Machining of Alma INC

$162,100 PPP Loan in Alma, Michigan

Loan Details

Loan Number
4518697103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$162,100
Current Approval
$162,100
Forgiveness Amount
$163,352
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Production Machining of Alma INC
Address
6595 N Jerome Rd
City
Alma
ZIP Code
48801-9706
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$130,000
Utilities
$14,000
Health Care
$17,000
Debt Interest
$1,100

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

Other PPP Loans in Alma, MI

BusinessApproved
Alma College$4,151,837NewBizBotAI Deep Dive
Michigan Masonic Home$4,105,263NewBizBotAI Deep Dive
Avalon & Tahoe Mfg INC$1,500,000NewBizBotAI Deep Dive
Medler Electric Company$1,458,461NewBizBotAI Deep Dive
Medler Electric Company Employee Stock Ownership Plan and Tr$1,146,262NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free