PPP Loan information for Productions plus inc.

$2,000,000

Productions plus inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/26/2021 by The Independent Bank reported 299 jobs and $2,000,000 was used to fund payroll.

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

PPP Loan Search / MI / Bingham Farms / Productions plus inc.

PRODUCTIONS PLUS INC.

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PRODUCTIONS PLUS INC.

Borrower Address

30600 Telegraph Rd Ste 2156

Borrower City

Bingham Farms

Borrower State

MI

Borrower Zip

48025-4532

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

48025-4532

CD

MI-12

Jobs Reported

299

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

2013095.89

Forgiveness Date

09/29/2021

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