Michigan Specialty Coatings, Inc.
$590,000 PPP Loan in Saint Clair, Michigan
Loan Details
- Loan Number
- 5548567007
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $590,000
- Current Approval
- $590,000
- Forgiveness Amount
- $593,847
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michigan Specialty Coatings, Inc.
- Address
- 5407 Gratiot Ave
- City
- Saint Clair
- State
- Michigan
- ZIP Code
- 48079-1428
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 56
- Estimated Revenue
- $14.1M
- Rural/Urban
- Rural
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $531,000
- Rent
- $35,400
- Utilities
- $17,700
- Debt Interest
- $5,900
Lender Information
- Servicing Lender
- Eastern Michigan Bank
- Originating Lender
- Eastern Michigan Bank
Other PPP Loans in Saint Clair, MI
| Business | Approved | |
|---|---|---|
| Planet Clair LLC | $677,900 | |
| Mdg Enterprises, Inc. | $621,700 | |
| Michigan Specialty Coatings Inc. | $590,000 | |
| Centracore, LLC | $549,608 | |
| Centracore LLC | $549,608 |
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