Chardam Gear Company, Inc.
$2,713,600 PPP Loan in Sterling Heights, Michigan
Loan Details
- Loan Number
- 8029497001
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,713,600
- Current Approval
- $2,713,600
- Forgiveness Amount
- $2,763,114
- Forgiveness Date
- Feb 9, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Chardam Gear Company, Inc.
- Address
- 40805 Mound Rd
- City
- Sterling Heights
- State
- Michigan
- ZIP Code
- 48310-2258
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336413)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 161
- Estimated Revenue
- $42.2M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $2,713,600
Lender Information
- Servicing Lender
- Cibc Bank USA
- Originating Lender
- Cibc Bank USA
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