Ka-Wood Gear and Machine Co.

$586,617 PPP Loan in Madison Heights, Michigan

Loan Details

Loan Number
9779767210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$586,617
Current Approval
$586,617
Forgiveness Amount
$590,511
Forgiveness Date
Jan 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ka-Wood Gear and Machine Co.
Address
32500 Industrial Dr
ZIP Code
48071-5003
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$469,294
Mortgage Interest
$117,323

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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