Pacific Industrial Development Corp

$750,000 PPP Loan in Ann Arbor, Michigan

Loan Details

Loan Number
5310338309
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$750,000
Current Approval
$750,000
Forgiveness Amount
$752,836
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Pacific Industrial Development Corp
Address
4788 Runway Blvd
ZIP Code
48108-9557
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325180)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$70.4M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$749,995
Utilities
$1

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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