Plastomer Corporation

$1,930,100 PPP Loan in Livonia, Michigan

Loan Details

Loan Number
3771547310
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$1,930,100
Current Approval
$1,930,100
Forgiveness Amount
$1,950,152
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Plastomer Corporation
Address
37819 Schoolcraft Rd
ZIP Code
48150-1096
Business Type
Corporation
Industry (NAICS)
Manufacturing (326150)
Business Age
Existing or more than 2 years old
Jobs Reported
170
Estimated Revenue
$168.6M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,544,110
Mortgage Interest
$385,990

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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