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Sonotronic, Inc.

$377,100 PPP Loan in Wixom, Michigan

Loan Details

Loan Number
4760577405
Date Approved
May 11, 2020
Loan Status
Paid in Full
Initial Approval
$377,100
Current Approval
$377,100
Forgiveness Amount
$378,898
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sonotronic, Inc.
Address
28025 Oakland Oaks Ct.
City
Wixom
State
Michigan
ZIP Code
48393-1165
Business Type
Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$377,100

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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