Orlandi Gear Company, Inc.

$379,300 PPP Loan in Fraser, Michigan

Loan Details

Loan Number
5790647201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$379,300
Current Approval
$379,300
Forgiveness Amount
$381,818
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Orlandi Gear Company, Inc.
Address
17755 Masonic
City
Fraser
ZIP Code
48026-3158
Business Type
Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$303,512
Mortgage Interest
$75,788

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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