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Prestolite Electric Incorporated

$2,939,857 PPP Loan in Novi, Michigan

Loan Details

Loan Number
7769337207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,939,857
Current Approval
$2,939,857
Forgiveness Amount
$2,976,102
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Prestolite Electric Incorporated
Address
30120 Hudson Drive
City
Novi
State
Michigan
ZIP Code
48377
Business Type
Corporation
Industry (NAICS)
Manufacturing (336320)
Business Age
Unanswered
Jobs Reported
196
Estimated Revenue
$51.3M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$2,939,857

Lender Information

Servicing Lender
Keybank National Association
Originating Lender
Keybank National Association

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