Woodland Polymers, Inc.

$658,000 PPP Loan in Howell, Michigan

Loan Details

Loan Number
9818267010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$658,000
Current Approval
$658,000
Forgiveness Amount
$661,756
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Woodland Polymers, Inc.
Address
1480 Grand Oaks Dr.
City
Howell
ZIP Code
48843-8580
Business Type
Corporation
Industry (NAICS)
Manufacturing (325211)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$82.3M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$495,000
Rent
$70,000
Utilities
$65,000
Debt Interest
$28,000

Lender Information

Servicing Lender
Huron Community Bank
Originating Lender
Huron Community Bank

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