Peerless Steel Company

$1,915,700 PPP Loan in Troy, Michigan

Loan Details

Loan Number
5355237006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,915,700
Current Approval
$1,915,700
Forgiveness Amount
$1,820,263
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Peerless Steel Company
Address
2450 Austin Dr
City
Troy
ZIP Code
48083-2030
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
176
Estimated Revenue
$53.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,915,700

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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