Shannon Precision Fastener LLC

$2,000,000 PPP Loan in Madison Heights, Michigan

Loan Details

Loan Number
8486168608
Date Approved
Mar 25, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,019,452
Forgiveness Date
Mar 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Shannon Precision Fastener LLC
Address
31600 Stephenson Hwy
ZIP Code
48071-1642
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
275
Estimated Revenue
$76.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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