Mcmasters-Koss Co.

$541,050 PPP Loan in Royal Oak, Michigan

Loan Details

Loan Number
6685537206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$541,050
Current Approval
$541,050
Forgiveness Amount
$547,678
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcmasters-Koss Co.
Address
4224 Normandy Ct
ZIP Code
48073
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$402,844
Rent
$80,000
Utilities
$12,000
Health Care
$42,606
Debt Interest
$3,600

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

Other PPP Loans in Royal Oak, MI

BusinessApproved
Howard & Howard Attorneys, Pllc$5,415,000NewBizBotAI Deep Dive
The Detroit Zoological Society$3,911,497NewBizBotAI Deep Dive
Rpm Freight Systems LLC$2,583,762NewBizBotAI Deep Dive
Gongos, Inc.$2,475,920NewBizBotAI Deep Dive
Health Call of Detroit, Inc.$2,270,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free