Elkins Machine and Tool Co., INC
$358,700 PPP Loan in Romulus, Michigan
Loan Details
- Loan Number
- 6103387210
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $358,700
- Current Approval
- $358,700
- Forgiveness Amount
- $362,596
- Forgiveness Date
- May 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Elkins Machine and Tool Co., INC
- Address
- 27510 Northline Rd.
- City
- Romulus
- State
- Michigan
- ZIP Code
- 48174-2826
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $10.5M
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $286,991
- Mortgage Interest
- $71,709
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
Other PPP Loans in Romulus, MI
| Business | Approved | |
|---|---|---|
| Midfield Concession Enterprises, Inc. | $5,111,700 |  AI Deep Dive |
| Don Lee Distributor, Inc. | $4,804,100 | AI Deep Dive |
| Federal Screw Works | $3,813,900 | AI Deep Dive |
| Transportation Services, Inc. | $3,754,500 | AI Deep Dive |
| Midfield Concession Enterprises Inc. | $2,000,000 | AI Deep Dive |
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