Alco Plastics, Inc.

$1,457,470 PPP Loan in Romeo, Michigan

Loan Details

Loan Number
4922357304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$1,457,470
Current Approval
$1,457,470
Forgiveness Amount
$1,465,729
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Alco Plastics, Inc.
Address
160 East Pond Drive
City
Romeo
ZIP Code
48065-4902
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
161
Estimated Revenue
$159.7M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$1,165,976
Mortgage Interest
$291,494

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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