Basic Rubber and Plastics Co.

$900,615 PPP Loan in Walled Lake, Michigan

Loan Details

Loan Number
1949977200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$900,615
Current Approval
$900,615
Forgiveness Amount
$911,547
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Basic Rubber and Plastics Co.
Address
8700 Boulder Ct
ZIP Code
48390
Business Type
Corporation
Industry (NAICS)
Manufacturing (326150)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$68.4M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$900,615

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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