American Chemical Technologies, Inc.

$811,200 PPP Loan in Fowlerville, Michigan

Loan Details

Loan Number
6702617209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$811,200
Current Approval
$811,200
Forgiveness Amount
$832,990
Forgiveness Date
Dec 28, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
American Chemical Technologies, Inc.
Address
485 E. Van Riper Road
ZIP Code
48836-7931
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325998)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$43.6M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$649,000
Mortgage Interest
$162,200

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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