PPP Loan information for Northern plastics, inc.

$178,000

Northern plastics, inc. was initially approved for PPP Loan of amount $178,000, the current approved amount is $178,000. The loan was approved on 04/07/2020 by The Oxford Bank reported 17 jobs and $178,000 was used to fund payroll.

Northern plastics, inc. is Existing or more than 2 years old

NORTHERN PLASTICS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN PLASTICS, INC.

Borrower Address

6137 PRODUCT DR

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48312-4565

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178000.00

Current Approval Amount

178000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48312-4565

CD

MI-10

Jobs Reported

17

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178000.00

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

Subchapter S Corporation

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179354.78

Forgiveness Date

01/19/2021

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