Preferred Plastics, Inc.

$1,490,535 PPP Loan in Plainwell, Michigan

Loan Details

Loan Number
6834827106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,490,535
Current Approval
$1,490,535
Forgiveness Amount
$1,498,661
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Plastics, Inc.
Address
800 E Bridge St
ZIP Code
49080-1800
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$96.2M
Rural/Urban
Rural
Congressional District
MI-06

Loan Use Breakdown

Payroll
$1,490,535

Lender Information

Servicing Lender
First National Bank of Michigan
Originating Lender
First National Bank of Michigan

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