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
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

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