Momentum Industries INC

$145,300 PPP Loan in Saint Louis, Michigan

Loan Details

Loan Number
6863047009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$145,300
Current Approval
$145,300
Forgiveness Amount
$146,602
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Momentum Industries INC
Address
100 Woodside Dr
ZIP Code
48880-1144
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$93,000
Utilities
$36,300
Health Care
$16,000

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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