Orbitform Group, LLC
$1,839,745 PPP Loan in Jackson, Michigan
Loan Details
- Loan Number
- 5337287104
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,839,745
- Current Approval
- $1,839,745
- Forgiveness Amount
- $1,738,085
- Forgiveness Date
- Dec 30, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Orbitform Group, LLC
- Address
- 1600 Executive Drive
- City
- Jackson
- State
- Michigan
- ZIP Code
- 49203-3469
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (333517)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 110
- Estimated Revenue
- $28.8M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $1,593,618
- Rent
- $73,334
- Utilities
- $16,000
- Health Care
- $153,000
- Debt Interest
- $3,793
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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|---|---|---|
| Dynamic Industrial Group LLC | $6,898,707 |  Research |
| Melling Tool Co. | $6,029,000 | Research |
| Commonwealth Associates, Inc. | $4,992,800 | Research |
| America's Preferred Service Contract Administration, Inc. | $2,929,454 | Research |
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