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Gt Plastics INC

$336,000 PPP Loan in Oscoda, Michigan

Loan Details

Loan Number
6247528101
Date Approved
Jul 21, 2020
Loan Status
Paid in Full
Initial Approval
$336,000
Current Approval
$336,000
Forgiveness Amount
$338,025
Forgiveness Date
Mar 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Gt Plastics INC
Address
4681 N Industrial Row
City
Oscoda
State
Michigan
ZIP Code
48750
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$27.8M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$293,000
Rent
$25,000
Utilities
$18,000

Lender Information

Servicing Lender
Huron Community Bank
Originating Lender
Huron Community Bank

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