PPP Loan information for Basic rubber and plastics co.

$900,615

Basic rubber and plastics co. was initially approved for PPP Loan of amount $900,615, the current approved amount is $900,615. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 69 jobs and $900,615 was used to fund payroll.

Basic rubber and plastics co. is Existing or more than 2 years old

PPP Loan Search / MI / WALLED LAKE / Basic rubber and plastics co.

BASIC RUBBER AND PLASTICS CO.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BASIC RUBBER AND PLASTICS CO.

Borrower Address

8700 BOULDER CT

Borrower City

WALLED LAKE

Borrower State

MI

Borrower Zip

48390

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900615.00

Current Approval Amount

900615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALLED LAKE

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-0001

CD

MI-11

Jobs Reported

69

NAICS Code

326150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

900615.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

911547.47

Forgiveness Date

07/08/2021

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