Loose Plastics Inc.

$1,135,984 PPP Loan in Gladwin, Michigan

Loan Details

Loan Number
7951627000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,135,984
Current Approval
$1,135,983
Forgiveness Amount
$1,142,176
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Loose Plastics Inc.
Address
1016 E First St
ZIP Code
48624-1268
Business Type
Corporation
Industry (NAICS)
Manufacturing (326130)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$112.1M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$908,787
Rent
$75,731
Utilities
$75,732
Mortgage Interest
$75,732

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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