Balance Technology, Inc.

$1,798,200 PPP Loan in Whitmore Lake, Michigan

Loan Details

Loan Number
9129607206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,798,200
Current Approval
$1,798,200
Forgiveness Amount
$1,810,987
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Balance Technology, Inc.
Address
7035 Jomar Drive
ZIP Code
48189-8241
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
137
Estimated Revenue
$35.9M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$1,438,614
Mortgage Interest
$359,586

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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