Servotech Industries

$44,790 PPP Loan in Taylor, Michigan

Loan Details

Loan Number
4973377103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$44,790
Current Approval
$44,790
Forgiveness Amount
$45,280
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Servotech Industries
Address
25580 Brest Rd 0.0
City
Taylor
ZIP Code
48180-4065
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$35,832
Rent
$7,666
Utilities
$1,292

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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