PPP Loan information for Summit plastic molding, inc.

$517,300

Summit plastic molding, inc. was initially approved for PPP Loan of amount $517,300, the current approved amount is $517,300. The loan was approved on 04/28/2020 by The Comerica Bank reported 73 jobs and $517,300 was used to fund payroll.

Summit plastic molding, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Shelby Township / Summit plastic molding, inc.

SUMMIT PLASTIC MOLDING, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUMMIT PLASTIC MOLDING, INC.

Borrower Address

51340 Celeste

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48315-2902

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517300.00

Current Approval Amount

517300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-2902

CD

MI-10

Jobs Reported

73

NAICS Code

326199

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

413890.80

Mortgage Interest Proceed

103409.20

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520820.51

Forgiveness Date

12/31/2020

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