Grand Rapids Plastics, Inc.

4080 Roger B Chaffee Memorial., Wyoming, MI 49548 · All Other Plastics Product Manufacturing (NAICS 326199)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

6

Total Amount

$3.9M

Jobs Supported

283

Years Active

2012–2014

Loan History (6)

Source: SBA FOIA
504$496,000
Paid in Full
Approved
Oct 17, 2013 (FY2014)
Term
240 months (20.0 yrs)
Jobs Supported
100
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Paid in Full
Aug 31, 2021

Lender

First Merchants Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

First Merchants Bank · Indianapolis, IN

Project Location

Kent County, MI

504$1,111,000
Cancelled
Approved
Jul 22, 2013 (FY2013)
Term
120 months (10.0 yrs)
Jobs Supported
100
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)

Lender

The Huntington National Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

The Huntington National Bank · Columbus, OH

Project Location

Kent County, MI

504$455,000
Paid in Full
Approved
Mar 8, 2013 (FY2013)
Term
240 months (20.0 yrs)
Jobs Supported
23
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Paid in Full
Nov 30, 2016

Lender

The Huntington National Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

The Huntington National Bank · Columbus, OH

Project Location

Kent County, MI

504$485,000
Charged Off
Approved
Apr 4, 2012 (FY2012)
Term
120 months (10.0 yrs)
Jobs Supported
30
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Charge-off Date
May 17, 2018
Charge-off Amount
$318,903

Lender

The Huntington National Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

The Huntington National Bank · Columbus, OH

Project Location

Kent County, MI

504$496,000
Paid in Full
Approved
Mar 14, 2012 (FY2012)
Term
240 months (20.0 yrs)
Jobs Supported
30
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Paid in Full
Apr 30, 2017

Lender

The Huntington National Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

The Huntington National Bank · Columbus, OH

Project Location

Kent County, MI

504$865,000
Charged Off
Approved
Sep 27, 2012 (FY2012)
Term
240 months (20.0 yrs)
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Charge-off Date
Oct 17, 2017
Charge-off Amount
$21,879

Lender

The Huntington National Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

The Huntington National Bank · Columbus, OH

Project Location

Kent County, MI

Business Details

Business Type
Corporation
NAICS Code
326199 All Other Plastics Product Manufacturing
Address
4080 Roger B Chaffee Memorial.
Wyoming, MI 49548

Lenders

First Merchants Bank
The Huntington National Bank

Other SBA Borrowers in Wyoming

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