Cardinal Machine Co.

$375,000 PPP Loan in Clio, Michigan

Loan Details

Loan Number
8664547002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$375,000
Current Approval
$375,000
Forgiveness Amount
$377,072
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cardinal Machine Co.
Address
860 Tacoma Ct
City
Clio
ZIP Code
48420-1581
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333519)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$344,315
Rent
$15,000
Utilities
$4,846
Health Care
$10,839

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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