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Vickers Engineering, Inc.

$1,936,900 PPP Loan in New Troy, Michigan

Loan Details

Loan Number
5092377010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,936,900
Current Approval
$1,936,900
Forgiveness Amount
$1,955,731
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vickers Engineering, Inc.
Address
3604 Glendora Rd
City
New Troy
State
Michigan
ZIP Code
49119-5108
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
149
Estimated Revenue
$36.4M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,452,933
Rent
$72,000
Utilities
$99,967
Health Care
$140,000
Debt Interest
$172,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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