Lawrence Plastics, LLC

$1,194,750 PPP Loan in Clarkston, Michigan

Loan Details

Loan Number
1609817104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,194,750
Current Approval
$1,194,750
Forgiveness Amount
$1,209,939
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lawrence Plastics, LLC
Address
6338 Sashabaw Road 0.0
ZIP Code
48346-2260
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$129.9M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$899,900
Rent
$104,210
Utilities
$39,500
Health Care
$112,240
Debt Interest
$38,900

Lender Information

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

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