Steel Craft Technologies
$1,526,400 PPP Loan in Belmont, Michigan
Loan Details
- Loan Number
- 6511107010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,526,400
- Current Approval
- $1,526,400
- Forgiveness Amount
- $1,546,222
- Forgiveness Date
- Aug 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Steel Craft Technologies
- Address
- 8057 Graphic Dr
- City
- Belmont
- State
- Michigan
- ZIP Code
- 49306-9448
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 103
- Estimated Revenue
- $25.2M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,020,653
- Rent
- $209,922
- Utilities
- $77,374
- Health Care
- $200,467
- Debt Interest
- $17,984
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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| Avasure LLC | $2,399,283 | Research |
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| Belmont Engineered Plastics, LLC | $1,950,240 | Research |
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