Production Spring, LLC

$497,700 PPP Loan in Troy, Michigan

Loan Details

Loan Number
9943427205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$497,700
Current Approval
$497,700
Forgiveness Amount
$503,811
Forgiveness Date
Jul 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Production Spring, LLC
Address
1151 Allen Drive
City
Troy
ZIP Code
48083-4002
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332722)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$398,208
Mortgage Interest
$99,492

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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