Team 1 Plastics Inc.

$585,500 PPP Loan in Albion, Michigan

Loan Details

Loan Number
1519928301
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$585,500
Current Approval
$585,500
Forgiveness Amount
$589,318
Forgiveness Date
Sep 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Team 1 Plastics Inc.
Address
927 Elliott St
City
Albion
ZIP Code
49224-9506
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$16.0M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$585,494
Utilities
$1

Lender Information

Servicing Lender
Homestead Savings Bank
Originating Lender
Homestead Savings Bank

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