PPP Loan information for Loc performance products, inc.

$7,471,100

Loc performance products, inc. was initially approved for PPP Loan of amount $7,471,100, the current approved amount is $7,471,100. The loan was approved on 04/13/2020 by The Comerica Bank reported 500 jobs and $7,471,100 was used to fund payroll.

Loc performance products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / PLYMOUTH / Loc performance products, inc.

LOC PERFORMANCE PRODUCTS, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOC PERFORMANCE PRODUCTS, INC.

Borrower Address

13505 N HAGGERTY RD

Borrower City

PLYMOUTH

Borrower State

MI

Borrower Zip

48170-4251

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7471100.00

Current Approval Amount

7471100.00

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

PLYMOUTH

Project County Name

WAYNE

Project State

MI

Project Zip

48170-4251

CD

MI-06

Jobs Reported

500

NAICS Code

332994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5976906.00

Mortgage Interest Proceed

1494194.00

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

7561583.32

Forgiveness Date

07/01/2021

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