Systrand Manufacturing Corp
$2,443,277 PPP Loan in Brownstown, Michigan
Loan Details
- Loan Number
- 9265017004
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,443,277
- Current Approval
- $2,443,277
- Forgiveness Amount
- $2,471,677
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Systrand Manufacturing Corp
- Address
- 19050 Allen Rd. 0.0
- City
- Brownstown
- State
- Michigan
- ZIP Code
- 48183-1002
- Business Type
- Sole Proprietorship
- Industry (NAICS)
- Manufacturing (336310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 204
- Estimated Revenue
- $53.4M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $1,832,999
- Utilities
- $130,125
- Health Care
- $190,850
- Mortgage Interest
- $253,303
- Debt Interest
- $36,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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