Kendrick Plastics, INC

$3,963,600 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7527097008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$3,963,600
Current Approval
$3,963,600
Forgiveness Amount
$4,024,265
Forgiveness Date
Oct 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kendrick Plastics, INC
Address
5050 Kendrick St SE
ZIP Code
49512-9205
Business Type
Corporation
Industry (NAICS)
Manufacturing (336360)
Business Age
New Business or 2 years or less
Jobs Reported
386
Estimated Revenue
$101.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$3,170,905
Mortgage Interest
$792,695

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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