Machinery and Equipment Exchange Incor

$292,405 PPP Loan in Novi, Michigan

Loan Details

Loan Number
5843578401
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$292,405
Current Approval
$292,405
Forgiveness Amount
$293,462
Forgiveness Date
Jun 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Machinery and Equipment Exchange Incor
Address
25180 Seeley Rd
City
Novi
ZIP Code
48375-2044
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$292,399
Utilities
$1

Lender Information

Servicing Lender
Bank of Ann Arbor
Originating Lender
Bank of Ann Arbor

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