Mcpherson Industrial Corporation

$464,936 PPP Loan in Romeo, Michigan

Loan Details

Loan Number
7402678302
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$464,936
Current Approval
$464,936
Forgiveness Amount
$467,471
Forgiveness Date
Aug 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mcpherson Industrial Corporation
Address
120 E Pond Dr
City
Romeo
ZIP Code
48065-4902
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$464,932
Utilities
$1

Lender Information

Servicing Lender
Tri-County Bank
Originating Lender
Tri-County Bank

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