Peninsula Plastic Company Inc.

2800 Auburn Ct., Auburn Hills, MI 48326 · All Other Plastics Product Manufacturing (NAICS 326199)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

5

Total Amount

$7.2M

Jobs Supported

175

Years Active

1993–2018

Loan History (5)

Source: SBA FOIA
7(a)$3,328,000
Cancelled
Approved
Nov 7, 2017 (FY2018)
SBA Guaranteed
$2,496,000 (75%)
Term
204 months (17.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
20
Business Type
Corporation
Business Age
Existing, 5 or More Years
Industry
All Other Plastics Product Manufacturing (NAICS 326199)

Lender

Comerica Bank

1717 Main St, Dallas, TX 75201

Project Location

Oakland County, MI

7(a)$250,000
Paid in Full
Approved
Jan 12, 2015 (FY2015)
SBA Guaranteed
$187,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
80
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Paid in Full
Oct 31, 2017

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Oakland County, MI

7(a)$2,475,000
Paid in Full
Approved
Jun 26, 2013 (FY2013)
SBA Guaranteed
$1,856,250 (75%)
Term
180 months (15.0 yrs)
Interest Rate
5.94%
Revolver
0
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Paid in Full
Oct 31, 2017

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Oakland County, MI

7(a)$500,000
Paid in Full
Approved
Jun 26, 2013 (FY2013)
SBA Guaranteed
$375,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.94%
Revolver
1
Jobs Supported
75
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Paid in Full
Nov 30, 2017

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Oakland County, MI

7(a)$650,000
Paid in Full
Approved
Nov 3, 1992 (FY1993)
SBA Guaranteed
$534,950 (82%)
Term
84 months (7.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Custom Compounding of Purchased Resins (NAICS 325991)
Paid in Full
Jul 31, 2005

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Arenac County, MI

Business Details

Business Type
Corporation
Business Age
Existing, 5 or More Years
NAICS Code
326199 All Other Plastics Product Manufacturing
Address
2800 Auburn Ct.
Auburn Hills, MI 48326

Lenders

Comerica Bank
1717 Main St, Dallas, TX 75201
The Huntington National Bank
17 S High St., Columbus, OH 43215

Other SBA Borrowers in Auburn Hills

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