Formula One Tool & Engineering INC

$27,900 PPP Loan in Clay, Michigan

Loan Details

Loan Number
4871688500
Date Approved
Feb 26, 2021
Loan Status
Paid in Full
Initial Approval
$27,900
Current Approval
$27,900
Forgiveness Amount
$28,081
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Formula One Tool & Engineering INC
Address
6052 Pointe Tremble Rd
City
Clay
ZIP Code
48001-4296
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$27,898
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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