The Macomb Group, Inc.

$8,297,200 PPP Loan in Sterling Heights, Michigan

Loan Details

Loan Number
9799087204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$8,297,200
Current Approval
$8,297,200
Forgiveness Amount
$8,431,338
Forgiveness Date
Dec 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Macomb Group, Inc.
Address
6600 15 Mile Rd
ZIP Code
48312-4512
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
497
Estimated Revenue
$152.3M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$6,637,828
Mortgage Interest
$1,659,372

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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