H&r Screw Machine Products, Inc.

$492,161 PPP Loan in Reed City, Michigan

Loan Details

Loan Number
6533677007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$492,161
Current Approval
$492,161
Forgiveness Amount
$496,341
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
H&r Screw Machine Products, Inc.
Address
5566 220th Ave
ZIP Code
49677-8218
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.2M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$421,082
Rent
$46,666
Utilities
$24,413

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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