Royal Arc Welding Co.
$329,536 PPP Loan in Flat Rock, Michigan
Loan Details
- Loan Number
- 4528928503
- Date Approved
- Feb 26, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $329,536
- Current Approval
- $329,536
- Forgiveness Amount
- $331,856
- Forgiveness Date
- Nov 16, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Royal Arc Welding Co.
- Address
- 23851 Vreeland Rd
- City
- Flat Rock
- State
- Michigan
- ZIP Code
- 48134-9409
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $329,532
- Utilities
- $1
Lender Information
- Servicing Lender
- First Merchants Bank
- Originating Lender
- First Merchants Bank
Other PPP Loans in Flat Rock, MI
| Business | Approved | |
|---|---|---|
| Sac Ventures, INC | $8,038,700 | |
| Gerotech, Inc. | $2,828,668 | |
| Target Steel INC | $1,638,045 | |
| Target Steel INC | $1,628,914 | |
| Gerotech Inc. | $1,185,682 |
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