Mcpherson Industrial Corporation

$488,190 PPP Loan in Romeo, Michigan

Loan Details

Loan Number
6315897201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$488,190
Current Approval
$488,190
Forgiveness Amount
$491,467
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcpherson Industrial Corporation
Address
120 East Pond Dr
City
Romeo
ZIP Code
48065-4902
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$488,190

Lender Information

Servicing Lender
Tri-County Bank
Originating Lender
Tri-County Bank

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