The Industrial Technology Institute

$937,000 PPP Loan in Plymouth, Michigan

Loan Details

Loan Number
5186587309
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$937,000
Current Approval
$937,000
Forgiveness Amount
$498,419
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Industrial Technology Institute
Address
45501 Helm Street
ZIP Code
48170-6047
Business Type
Non-Profit Organization
Industry (NAICS)
Professional, Scientific, and Technical Services (541611)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$749,624
Mortgage Interest
$187,376

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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