Jer-Den Plastics INC

$407,000 PPP Loan in Saint Louis, Michigan

Loan Details

Loan Number
1981727108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$407,000
Current Approval
$407,000
Forgiveness Amount
$410,482
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jer-Den Plastics INC
Address
750 Woodside Dr
ZIP Code
48880-1051
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$55.5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$316,000
Rent
$50,000
Utilities
$41,000

Lender Information

Servicing Lender
Union Bank
Originating Lender
Union Bank

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