Opus Packaging Group, Inc.
$4,306,007 PPP Loan in Caledonia, Michigan
Loan Details
- Loan Number
- 6728307001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,306,007
- Current Approval
- $4,306,007
- Forgiveness Amount
- $4,343,286
- Forgiveness Date
- Feb 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Opus Packaging Group, Inc.
- Address
- 6995 Southbelt Dr
- City
- Caledonia
- State
- Michigan
- ZIP Code
- 49316-7664
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (322211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 384
- Estimated Revenue
- $380.9M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $3,216,007
- Rent
- $550,000
- Utilities
- $150,000
- Health Care
- $275,000
- Debt Interest
- $115,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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