Proservice Machine, Ltd.
$421,200 PPP Loan in Erie, Michigan
Loan Details
- Loan Number
- 8338077106
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $421,200
- Current Approval
- $421,200
- Forgiveness Amount
- $425,620
- Forgiveness Date
- May 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Proservice Machine, Ltd.
- Address
- 10835 Telegraph Rd
- City
- Erie
- State
- Michigan
- ZIP Code
- 48133-9749
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333517)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $358,020
- Rent
- $31,590
- Utilities
- $21,060
- Mortgage Interest
- $10,530
Lender Information
- Servicing Lender
- Signature Bank, National Association
- Originating Lender
- Signature Bank, National Association
Other PPP Loans in Erie, MI
| Business | Approved | |
|---|---|---|
| Benore Logistic Systems | $10,000,000 |  Research |
| Automatic Handling International INC | $2,000,000 | Research |
| Ort Tool & Die Corporation | $1,969,900 | Research |
| Automatic Handling International, INC | $1,871,000 | Research |
| Toledo Steel Supply, Inc. | $894,000 | Research |
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