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Michigan Tool Works

$407,700 PPP Loan in Sturgis, Michigan

Loan Details

Loan Number
5117067008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$407,700
Current Approval
$407,700
Forgiveness Amount
$410,917
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Tool Works
Address
1200 Lafayette St
City
Sturgis
State
Michigan
ZIP Code
49091-1093
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$407,700

Lender Information

Servicing Lender
Century Bank and Trust
Originating Lender
Century Bank and Trust

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