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Security Packaging Inc.

Flint, MI 48532

The loans, in SBA’s record

$1.7 million
Approved
$1,735,667
The amount of every loan as it now stands, added together.
1
Loan
1 second draw.
$1.8 million
Forgiven
$1,754,711
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $1,735,667
By the amount SBA approved, ranks 48,472nd of 10,688,106 borrowers nationally, 1,649th of 272,197 in Michigan and 51st of 9,531 in the project’s county, Genesee, MI. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Security Packaging Inc., as SBA recorded them
Approved onAmountStatus
January 30, 2021$1.7 millionPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Security Packaging Inc.: $1.7 million in PPP loans (2021)