Arobotech Systems, Inc.

$452,400 PPP Loan in Madison Heights, Michigan

Loan Details

Loan Number
8822057200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$452,400
Current Approval
$452,400
Forgiveness Amount
$457,741
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arobotech Systems, Inc.
Address
1524 East Avis Dr
ZIP Code
48071-1589
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$361,958
Mortgage Interest
$90,442

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

Other PPP Loans in Madison Heights, MI

BusinessApproved
Shannon Precision Fastener LLC$4,227,805NewBizBotAI Deep Dive
Dorsey School of Business, INC$3,644,600NewBizBotAI Deep Dive
Millennium Food Service LLC$3,521,500NewBizBotAI Deep Dive
Wall Colmonoy Corporation$2,868,521NewBizBotAI Deep Dive
Mcm Staffing Hospitality, LLC$2,425,100NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free