PPP Loan information for Admiral tool & manufacturing co. of michigan

$1,218,733

Admiral tool & manufacturing co. of michigan was initially approved for PPP Loan of amount $1,218,733, the current approved amount is $1,218,733. The loan was approved on 01/27/2021 by The CIBC Bank USA reported 137 jobs and $1,218,733 was used to fund payroll.

Admiral tool & manufacturing co. of michigan is Existing or more than 2 years old

ADMIRAL TOOL & MANUFACTURING CO. OF MICHIGAN

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ADMIRAL TOOL & MANUFACTURING CO. OF MICHIGAN

Borrower Address

38010 Amrhein Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1016

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1218732.50

Current Approval Amount

1218732.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1016

CD

MI-12

Jobs Reported

137

NAICS Code

336111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1218732.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1226178.45

Forgiveness Date

09/21/2021

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