Northern Precision Product, INC
$321,435 PPP Loan in Leroy, Michigan
Loan Details
- Loan Number
- 6038297101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $321,435
- Current Approval
- $321,435
- Forgiveness Amount
- $323,443
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Northern Precision Product, INC
- Address
- 4790 N Mackinaw Trl
- City
- Leroy
- State
- Michigan
- ZIP Code
- 49655-9320
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $8.3M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $270,187
- Utilities
- $9,742
- Health Care
- $35,506
- Debt Interest
- $6,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Leroy, MI
| Business | Approved | |
|---|---|---|
| Leroy Tool & Die, Inc. | $975,242 | |
| Leroy Tool & Die, Inc. | $975,242 | |
| D.j. Mcquestion & Sons, INC | $683,145 | |
| Northern Precision Products Inc. | $321,435 | |
| Advanced Fibermolding, Inc. | $266,800 |
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