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Hydramet American, Inc.

$170,900 PPP Loan in Royal Oak, Michigan

Loan Details

Loan Number
5099917303
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$170,900
Current Approval
$170,900
Forgiveness Amount
$172,153
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hydramet American, Inc.
Address
Po Box 40
City
Royal Oak
State
Michigan
ZIP Code
48068-0040
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$136,722
Mortgage Interest
$34,178

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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