Air Components & Engineering, Inc.

$705,058 PPP Loan in Wyoming, Michigan

Loan Details

Loan Number
6518167009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$705,058
Current Approval
$705,058
Forgiveness Amount
$708,979
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Air Components & Engineering, Inc.
Address
1181 58th St SW
ZIP Code
49509-9536
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$11.9M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$603,683
Rent
$23,000
Utilities
$3,200
Health Care
$75,175

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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