Loc Performance Products, Inc.

$7,471,100 PPP Loan in Plymouth, Michigan

Loan Details

Loan Number
4302657103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$7,471,100
Current Approval
$7,471,100
Forgiveness Amount
$7,561,583
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Loc Performance Products, Inc.
Address
13505 N Haggerty Rd
ZIP Code
48170-4251
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332994)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$122.2M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$5,976,906
Mortgage Interest
$1,494,194

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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