Peerless Metal Powders and Abrasive, LLC

$339,500 PPP Loan in Melvindale, Michigan

Loan Details

Loan Number
8724748307
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$339,500
Current Approval
$339,500
Forgiveness Amount
$343,970
Forgiveness Date
May 24, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Peerless Metal Powders and Abrasive, LLC
Address
18900 Rialto St
ZIP Code
48122-1951
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (327910)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$26.8M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$339,496
Utilities
$1

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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