PPP Loan information for Preferred plastics, inc.

$1,490,535

Preferred plastics, inc. was initially approved for PPP Loan of amount $1,490,535, the current approved amount is $1,490,535. The loan was approved on 04/14/2020 by The First National Bank of Michigan reported 97 jobs and $1,490,535 was used to fund payroll.

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

PPP Loan Search / MI / PLAINWELL / Preferred plastics, inc.

PREFERRED PLASTICS, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PREFERRED PLASTICS, INC.

Borrower Address

800 E BRIDGE ST

Borrower City

PLAINWELL

Borrower State

MI

Borrower Zip

49080-1800

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1490535.00

Current Approval Amount

1490535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINWELL

Project County Name

ALLEGAN

Project State

MI

Project Zip

49080-1800

CD

MI-06

Jobs Reported

97

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1490535.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1498661.48

Forgiveness Date

11/03/2020

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