Orotex Corporation

$964,600 PPP Loan in Novi, Michigan

Loan Details

Loan Number
9077417303
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$964,600
Current Approval
$964,600
Forgiveness Amount
$971,299
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Orotex Corporation
Address
22475 Venture Dr
City
Novi
ZIP Code
48375-4177
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$106.1M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$771,684
Mortgage Interest
$192,916

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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