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Materials Processing Inc.

Riverview, MI 48193

The loans, in SBA’s record

$441.9 thousand
Approved
$441,900
The amount of every loan as it now stands, added together.
1
Loan
1 second draw.
$444.5 thousand
Forgiven
$444,539
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $441,900
By the amount SBA approved, ranks 310,526th of 10,688,106 borrowers nationally, 9,864th of 272,197 in Michigan and 1,301st of 60,856 in the project’s county, Wayne, MI. Larger than 97% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Materials Processing Inc., as SBA recorded them
Approved onAmountStatus
February 2, 2021$441.9 thousandPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved