PPP Loan information for Opus packaging group, inc.

$4,306,007

Opus packaging group, inc. was initially approved for PPP Loan of amount $4,306,007, the current approved amount is $4,306,007. The loan was approved on 04/07/2020 by The Mercantile Bank reported 384 jobs and $4,306,007 was used to fund payroll.

Opus packaging group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CALEDONIA / Opus packaging group, inc.

OPUS PACKAGING GROUP, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OPUS PACKAGING GROUP, INC.

Borrower Address

6995 SOUTHBELT DR

Borrower City

CALEDONIA

Borrower State

MI

Borrower Zip

49316-7664

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4306007.00

Current Approval Amount

4306007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALEDONIA

Project County Name

KENT

Project State

MI

Project Zip

49316-7664

CD

MI-03

Jobs Reported

384

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

150000.00

Payroll Proceed

3216007.00

Mortgage Interest Proceed

0.00

Rent Proceed

550000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

275000.00

Debt Interest Proceed

115000

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4343286.40

Forgiveness Date

02/24/2021

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