PPP Loan information for Productions plus, inc.

$2,448,952

Productions plus, inc. was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $2,448,952. The loan was approved on 04/16/2020 by The Independent Bank reported 435 jobs and $2,448,952 was used to fund payroll.

Productions plus, inc. is Existing or more than 2 years old

PRODUCTIONS PLUS, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRODUCTIONS PLUS, INC.

Borrower Address

30600 TELEGRAPH RD

Borrower City

BINGHAM FARMS

Borrower State

MI

Borrower Zip

48025-4530

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

2448952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BINGHAM FARMS

Project County Name

OAKLAND

Project State

MI

Project Zip

48025-4530

CD

MI-12

Jobs Reported

435

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2448952.00

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

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2476796.25

Forgiveness Date

06/14/2021

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