PPP Loan information for Kendrick plastics, inc

$3,963,600

Kendrick plastics, inc was initially approved for PPP Loan of amount $3,963,600, the current approved amount is $3,963,600. The loan was approved on 04/07/2020 by The Comerica Bank reported 386 jobs and $3,963,600 was used to fund payroll.

Kendrick plastics, inc is New Business or 2 years or less

KENDRICK PLASTICS, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KENDRICK PLASTICS, INC

Borrower Address

5050 KENDRICK ST SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-9205

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3963600.00

Current Approval Amount

3963600.00

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

New Business or 2 years or less

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-9205

CD

MI-03

Jobs Reported

386

NAICS Code

336360

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3170905.28

Mortgage Interest Proceed

792694.72

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4024265.10

Forgiveness Date

10/21/2021

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