Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CORETEK INC.
Borrower Address
34900 GRAND RIVER AVE
Borrower City
FARMINGTON HILLS
Borrower State
MI
Borrower Zip
48335-3318
Loan Status Date
01/21/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2300000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
435111
Servicing Lender Name
Huron Valley State Bank
Servicing Lender Address
130 S Milford Rd
Servicing Lender City
MILFORD
Servicing Lender State
Servicing Lender Zip
48381-2741
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
98
NAICS Code
541519
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
2042988.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
257012.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
2160737.00
Forgiveness Date
12/02/2021