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
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

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