Current business record

CAPITAL INDUCTION INC.

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$150,000–350,000
Filed business name
CAPITAL INDUCTION INC.
Approval date
Mar 31, 2021
Initial approval amount
$173,200.00
Current approval amount
$173,200.00
Loan status
Paid in Full (May 10, 2022)
Forgiveness amount
$174,979.45
Jobs reported
11
Address
6505 Diplomat Dr
Sterling Heights, MI 48314-1421
Lender
First State Bank
NAICS code
334416
Business type
Subchapter S Corporation
Congressional district
MI-10

Loan 2

$150,000–350,000
Filed business name
CAPITAL INDUCTION INC
Approval date
Apr 27, 2020
Initial approval amount
$162,900.00
Current approval amount
$162,900.00
Loan status
Paid in Full (Dec 10, 2020)
Forgiveness amount
$163,801.53
Jobs reported
11
Address
6505 Diplomat Dr
Sterling Heights, MI 48314-1421
Lender
First State Bank
NAICS code
334416
Business type
Subchapter S Corporation
Congressional district
MI-10