Ross Operating Valve Company
$2,315,972 PPP Loan in Troy, Michigan
Loan Details
- Loan Number
- 9556227008
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,315,972
- Current Approval
- $2,315,972
- Forgiveness Amount
- $2,342,830
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ross Operating Valve Company
- Address
- 1250 Stephenson Hwy 0.0
- City
- Troy
- State
- Michigan
- ZIP Code
- 48083-1115
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332912)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 150
- Estimated Revenue
- $36.7M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $1,841,142
- Rent
- $83,000
- Utilities
- $60,500
- Health Care
- $270,000
- Debt Interest
- $61,330
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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