Houston Products Processing, Inc.

$496,150 PPP Loan in Clinton Twp, Michigan

Loan Details

Loan Number
1358687107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$496,150
Current Approval
$496,150
Forgiveness Amount
$501,796
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Houston Products Processing, Inc.
Address
44710 Morley Drive 0.0
ZIP Code
48036-1357
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$340,123
Rent
$9,800
Utilities
$20,000
Health Care
$67,000
Mortgage Interest
$59,227

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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