Chardam Gear Company INC
$2,000,000 PPP Loan in Sterling Heights, Michigan
Loan Details
- Loan Number
- 6721518303
- Date Approved
- Jan 27, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,017,589
- Forgiveness Date
- Dec 27, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Chardam Gear Company INC
- Address
- 40805 Mound Rd
- City
- Sterling Heights
- State
- Michigan
- ZIP Code
- 48310-2258
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336413)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 144
- Estimated Revenue
- $37.7M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $1,999,998
- Utilities
- $1
Lender Information
- Servicing Lender
- Cibc Bank USA
- Originating Lender
- Cibc Bank USA
Other PPP Loans in Sterling Heights, MI
| Business | Approved | |
|---|---|---|
| International Industrial Contracting Corporation | $8,434,349 | |
| The Macomb Group, Inc. | $8,297,200 | |
| S&a Solutions, Inc. | $4,702,300 | |
| Eventlink, LLC | $4,625,283 | |
| Mortgage 1, Inc. | $3,855,119 |
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