Metalloid Corporation

$875,000 PPP Loan in Sturgis, Michigan

Loan Details

Loan Number
4796198603
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$875,000
Current Approval
$875,000
Forgiveness Amount
$882,551
Forgiveness Date
Feb 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Metalloid Corporation
Address
1160 White St
ZIP Code
49091-2148
Business Type
Corporation
Industry (NAICS)
Manufacturing (324191)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$50.6M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$874,997
Utilities
$1

Lender Information

Servicing Lender
Southern Michigan Bank & Trust
Originating Lender
Southern Michigan Bank & Trust

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