Exotic Rubber & Plastics Corp.

$2,988,300 PPP Loan in New Hudson, Michigan

Loan Details

Loan Number
2964997100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,988,300
Current Approval
$2,988,300
Forgiveness Amount
$3,014,697
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Exotic Rubber & Plastics Corp.
Address
53500 Grand River Ave
ZIP Code
48165-8522
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
186
Estimated Revenue
$57.0M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$2,390,642
Mortgage Interest
$597,658

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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