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Huron Tool & Engineering Co.

$487,334 PPP Loan in Bad Axe, Michigan

Loan Details

Loan Number
8974247110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$487,334
Current Approval
$679,811
Forgiveness Amount
$685,920
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Huron Tool & Engineering Co.
Address
635 Liberty Street
City
Bad Axe
State
Michigan
ZIP Code
48413-9532
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$12.7M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$664,811
Utilities
$15,000

Lender Information

Servicing Lender
Bay Port State Bank
Originating Lender
Bay Port State Bank

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