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Mayer Tool & Engineering Inc.

$383,204 PPP Loan in Sturgis, Michigan

Loan Details

Loan Number
7243678304
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$383,204
Current Approval
$383,204
Forgiveness Amount
$385,640
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mayer Tool & Engineering Inc.
Address
1404 N Centerville Rd
City
Sturgis
State
Michigan
ZIP Code
49091-9699
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$383,199
Utilities
$1

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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