Aircraft Precision Products, Inc.

$879,250 PPP Loan in Ithaca, Michigan

Loan Details

Loan Number
8751807006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$879,250
Current Approval
$879,250
Forgiveness Amount
$886,718
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aircraft Precision Products, Inc.
Address
185 Industrial Parkway
City
Ithaca
ZIP Code
48847-9476
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$771,140
Health Care
$108,110

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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