Tpi Powder Metallurgy, Inc.

$606,500 PPP Loan in Saint Charles, Michigan

Loan Details

Loan Number
4730697002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$606,500
Current Approval
$606,500
Forgiveness Amount
$612,060
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tpi Powder Metallurgy, Inc.
Address
12030 Beaver Rd
ZIP Code
48655-8639
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$17.3M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$485,200
Rent
$22,900
Utilities
$98,400

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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