Merchant Automatic Products Company
$660,000 PPP Loan in Canton, Michigan
Loan Details
- Loan Number
- 7502437704
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $660,000
- Current Approval
- $660,000
- Forgiveness Amount
- $666,802
- Forgiveness Date
- May 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merchant Automatic Products Company
- Address
- 5740 Beck Rd S
- City
- Canton
- State
- Michigan
- ZIP Code
- 48188
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332722)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $12.5M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $660,000
Lender Information
- Servicing Lender
- U.s. Bank, National Association
- Originating Lender
- U.s. Bank, National Association
Other PPP Loans in Canton, MI
| Business | Approved | |
|---|---|---|
| Victory Automotive Group, LLC | $6,282,362 | |
| New Star Metals INC | $5,501,500 | |
| Reliable Carriers, INC | $4,675,000 | |
| Gb Sales & Service, Inc. | $3,760,927 | |
| Gil-Mar Manufacturing Co. | $2,809,000 |
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