PPP Loan information for Yates industries inc.

$2,247,700

Yates industries inc. was initially approved for PPP Loan of amount $2,247,700, the current approved amount is $2,247,700. The loan was approved on 04/11/2020 by The Comerica Bank reported 186 jobs and $2,247,700 was used to fund payroll.

Yates industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAINT CLAIR SHORES / Yates industries inc.

YATES INDUSTRIES INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YATES INDUSTRIES INC.

Borrower Address

23050 INDUSTRIAL DR EAST

Borrower City

SAINT CLAIR SHORES

Borrower State

MI

Borrower Zip

48080-1177

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2247700.00

Current Approval Amount

2247700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLAIR SHORES

Project County Name

MACOMB

Project State

MI

Project Zip

48080-1177

CD

MI-10

Jobs Reported

186

NAICS Code

333995

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1798244.00

Mortgage Interest Proceed

449456.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2275234.33

Forgiveness Date

07/01/2021

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