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New Star Metals INC

$5,501,500 PPP Loan in Canton, Michigan

Loan Details

Loan Number
4911527105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$5,501,500
Current Approval
$5,501,500
Forgiveness Amount
$5,564,051
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Star Metals INC
Address
6855 Commerce Blvd
City
Canton
State
Michigan
ZIP Code
48187-4458
Business Type
Corporation
Industry (NAICS)
Manufacturing (332911)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$5,501,500

Lender Information

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

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