Colonial Engineering, Inc.

$314,500 PPP Loan in Portage, Michigan

Loan Details

Loan Number
5294277307
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$314,500
Current Approval
$314,500
Forgiveness Amount
$316,833
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Engineering, Inc.
Address
6400 Corporate Avenue
ZIP Code
49002-9399
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$37.7M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$251,648
Mortgage Interest
$62,852

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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