AMERICAN TOOLING CENTER INC. (MI) - 2020 PPP Loan Borrower Profile (# 5277237206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN TOOLING CENTER INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

5277237206

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$4,659,400

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$4,740,162.93

Date Loan was Forgiven

Jan 20, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,727,526.32

Mortgage Interest Proceed

931,873.68

Lender

Comerica Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

333514

Borrower Location

GRASS LAKE, MI

Project Location

GRASS LAKE, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

312

Business Age Description

Unanswered

Data Source: SBA.