Selective Industries INC

$724,900 PPP Loan in Marine City, Michigan

Loan Details

Loan Number
7167167000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$724,900
Current Approval
$724,900
Forgiveness Amount
$731,116
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Selective Industries INC
Address
6100 King Rd
ZIP Code
48039-1401
Business Type
Corporation
Industry (NAICS)
Manufacturing (336370)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$17.5M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$669,900
Utilities
$30,000
Mortgage Interest
$25,000

Lender Information

Servicing Lender
Eastern Michigan Bank
Originating Lender
Eastern Michigan Bank

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