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Olivet Machine Tool Engineering Co.

$174,934 PPP Loan in Olivet, Michigan

Loan Details

Loan Number
7507557105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$174,934
Current Approval
$174,934
Forgiveness Amount
$175,919
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olivet Machine Tool Engineering Co.
Address
423 Main St
City
Olivet
State
Michigan
ZIP Code
49076-9616
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-03

Loan Use Breakdown

Payroll
$174,934

Lender Information

Servicing Lender
Independent Bank
Originating Lender
Independent Bank

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