PPP Loan information for Yarema die & engineering co.

$1,013,945

Yarema die & engineering co. was initially approved for PPP Loan of amount $1,013,945, the current approved amount is $1,013,945. The loan was approved on 02/16/2021 by The CIBC Bank USA reported 83 jobs and $1,013,945 was used to fund payroll.

Yarema die & engineering co. is Existing or more than 2 years old

YAREMA DIE & ENGINEERING CO.

Date Approved

02/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

YAREMA DIE & ENGINEERING CO.

Borrower Address

300 Minnesota Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-4610

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1013945.00

Current Approval Amount

1013945.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-4610

CD

MI-11

Jobs Reported

83

NAICS Code

336370

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1013942.00

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

1022834.38

Forgiveness Date

01/13/2022

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