Destiny Plastics, INC

$339,500 PPP Loan in Deckerville, Michigan

Loan Details

Loan Number
6417987107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$339,500
Current Approval
$339,500
Forgiveness Amount
$342,393
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Destiny Plastics, INC
Address
2121 Stoutenburg
ZIP Code
48427-0001
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$24.8M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$306,000
Utilities
$19,500
Health Care
$14,000

Lender Information

Servicing Lender
Eastern Michigan Bank
Originating Lender
Eastern Michigan Bank

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