Maco Tool and Engineering INC
$172,557 PPP Loan in Saint Johns, Michigan
Loan Details
- Loan Number
- 5944577208
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $172,557
- Current Approval
- $172,557
- Forgiveness Amount
- $173,446
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Maco Tool and Engineering INC
- Address
- 210 N Spring St
- City
- Saint Johns
- State
- Michigan
- ZIP Code
- 48879-1534
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $139,189
- Utilities
- $17,192
- Health Care
- $16,176
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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