Xaerus Performance Fluids International, Inc.
$452,700 PPP Loan in Midland, Michigan
Loan Details
- Loan Number
- 4795397007
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $452,700
- Current Approval
- $452,700
- Forgiveness Amount
- $456,762
- Forgiveness Date
- Mar 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Xaerus Performance Fluids International, Inc.
- Address
- 2825 Schuette Rd
- City
- Midland
- State
- Michigan
- ZIP Code
- 48642-6945
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (325991)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $28.8M
- Rural/Urban
- Rural
- Congressional District
- MI-08
Loan Use Breakdown
- Payroll
- $362,104
- Rent
- $60,000
- Utilities
- $17,547
- Debt Interest
- $13,049
Lender Information
- Servicing Lender
- 1st State Bank
- Originating Lender
- 1st State Bank
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