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Michigan Precision Tool & Eng. Inc.

$115,000 PPP Loan in Dowagiac, Michigan

Loan Details

Loan Number
5811248903
Date Approved
Apr 30, 2021
Loan Status
Paid in Full
Initial Approval
$115,000
Current Approval
$115,000
Forgiveness Amount
$115,578
Forgiveness Date
Nov 5, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Michigan Precision Tool & Eng. Inc.
Address
613 Rudy Rd
City
Dowagiac
State
Michigan
ZIP Code
49047-9668
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-06

Loan Use Breakdown

Payroll
$114,998
Utilities
$1

Lender Information

Servicing Lender
1st Source Bank
Originating Lender
1st Source Bank

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