PPP Loan information for Exotic rubber & plastics corp.

$2,988,300

Exotic rubber & plastics corp. was initially approved for PPP Loan of amount $2,988,300, the current approved amount is $2,988,300. The loan was approved on 04/11/2020 by The Comerica Bank reported 186 jobs and $2,988,300 was used to fund payroll.

Exotic rubber & plastics corp. is Existing or more than 2 years old

EXOTIC RUBBER & PLASTICS CORP.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EXOTIC RUBBER & PLASTICS CORP.

Borrower Address

53500 GRAND RIVER AVE

Borrower City

NEW HUDSON

Borrower State

MI

Borrower Zip

48165-8522

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2988300.00

Current Approval Amount

2988300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HUDSON

Project County Name

OAKLAND

Project State

MI

Project Zip

48165-8522

CD

MI-07

Jobs Reported

186

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2390642.00

Mortgage Interest Proceed

597658.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3014696.65

Forgiveness Date

03/02/2021

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