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Spartan Carbide Incorporated

$551,000 PPP Loan in Fraser, Michigan

Loan Details

Loan Number
5757108600
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$551,000
Current Approval
$551,000
Forgiveness Amount
$553,326
Forgiveness Date
Aug 24, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Spartan Carbide Incorporated
Address
34110 Riviera
City
Fraser
State
Michigan
ZIP Code
48026-4811
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$550,997
Utilities
$1

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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