Hercules Drawn Steel Corporation

$1,663,200 PPP Loan in Livonia, Michigan

Loan Details

Loan Number
9799387200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,663,200
Current Approval
$1,663,200
Forgiveness Amount
$1,681,172
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hercules Drawn Steel Corporation
Address
38901 Amrhein Rd
ZIP Code
48150-1042
Business Type
Corporation
Industry (NAICS)
Manufacturing (331110)
Business Age
Existing or more than 2 years old
Jobs Reported
119
Estimated Revenue
$31.2M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,330,590
Mortgage Interest
$332,610

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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