Schain Mold & Engineering, Inc.

$519,300 PPP Loan in Rochester, Michigan

Loan Details

Loan Number
7759847007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$519,300
Current Approval
$519,300
Forgiveness Amount
$378,899
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schain Mold & Engineering, Inc.
Address
2776 Commerce Road
ZIP Code
48309
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$44.6M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$519,300

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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