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Spencer Plastics Inc.

$386,504 PPP Loan in Cadillac, Michigan

Loan Details

Loan Number
9081668405
Date Approved
Feb 14, 2021
Loan Status
Paid in Full
Initial Approval
$386,504
Current Approval
$386,504
Forgiveness Amount
$388,675
Forgiveness Date
Sep 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Spencer Plastics Inc.
Address
2300 Gary E Schwach St
City
Cadillac
State
Michigan
ZIP Code
49601-8309
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$36.7M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$386,502
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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