Fibre Converters, Inc.

$1,201,952 PPP Loan in Constantine, Michigan

Loan Details

Loan Number
7707577007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,201,952
Current Approval
$1,201,952
Forgiveness Amount
$1,211,337
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fibre Converters, Inc.
Address
1 Industrial Park Dr.
ZIP Code
49042-8735
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (322211)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$101.2M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,051,708
Utilities
$150,244

Lender Information

Servicing Lender
Southern Michigan Bank & Trust
Originating Lender
Southern Michigan Bank & Trust

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