PPP Loan information for Elite plastic products, inc

$493,737

Elite plastic products, inc was initially approved for PPP Loan of amount $493,737, the current approved amount is $493,737. The loan was approved on 04/15/2020 by The Independent Bank reported 41 jobs and $493,737 was used to fund payroll.

Elite plastic products, inc is Existing or more than 2 years old

ELITE PLASTIC PRODUCTS, INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELITE PLASTIC PRODUCTS, INC

Borrower Address

51354 FILOMENA DR

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48315-2944

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

493737.00

Current Approval Amount

493737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48315-2944

CD

MI-10

Jobs Reported

41

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

493737.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

500148.82

Forgiveness Date

08/10/2021

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