Oilpatch Machine Tool, Inc.

$73,825 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
8471287000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$73,825
Current Approval
$73,825
Forgiveness Amount
$74,321
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Oilpatch Machine Tool, Inc.
Address
6773 E. Pickard Rd
ZIP Code
48858-8907
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$68,110
Health Care
$5,715

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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