Electrical Materials INC

$350,977 PPP Loan in Sterling Heights, Michigan

Loan Details

Loan Number
7847268507
Date Approved
Mar 8, 2021
Loan Status
Paid in Full
Initial Approval
$350,977
Current Approval
$350,977
Forgiveness Amount
$353,210
Forgiveness Date
Oct 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Electrical Materials INC
Address
44262 Phoenix Dr 44262 Phoenix Dr
ZIP Code
48314-1465
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$350,975
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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