Quality Tool & Stamping Company

$1,984,300 PPP Loan in Muskegon, Michigan

Loan Details

Loan Number
9634127009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,984,300
Current Approval
$1,984,300
Forgiveness Amount
$2,003,261
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Quality Tool & Stamping Company
Address
541 East Sherman Blvd
ZIP Code
49444-2277
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
152
Estimated Revenue
$37.2M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,587,510
Mortgage Interest
$396,790

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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