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MegadealsSubsidy Tracker Individual Entry
Company: Elegant Aluminum Products USA, LLC
Parent Company:
Subsidy Source: state
Location: Michigan
City: Fraser
Address: 16965 Masonic Fraser
Zip: 48026
Project Description: Elegant Aluminum Products USA, LLC was formed in order to acquire the assets of Elegant Aluminum Products. Due to a shortfall in the value of the collateral, Fifth Third Bank sought to use the MSF Collateral Support Program in order to fill the gap.
Year: 2014
Value of Loan, Loan Guarantee or Bailout Assistance: $200,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Michigan Supplier Diversification Fund
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 30
Source of Data:
(click here)
Notes: Year is fiscal year. Jobs is sum of new and retained positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.