PPP Loan information for Busch plastics inc

$69,750

Busch plastics inc was initially approved for PPP Loan of amount $69,750, the current approved amount is $69,750. The loan was approved on 04/09/2020 by The Old Plank Trail Community Bank, National Association reported 8 jobs and $69,750 was used to fund payroll.

Busch plastics inc is Existing or more than 2 years old

BUSCH PLASTICS INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BUSCH PLASTICS INC

Borrower Address

21706 LINCOLN HWY

Borrower City

LYNWOOD

Borrower State

IL

Borrower Zip

60411-5285

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69750.00

Current Approval Amount

69750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNWOOD

Project County Name

COOK

Project State

IL

Project Zip

60411-5285

CD

IL-02

Jobs Reported

8

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8719.00

Payroll Proceed

52313.00

Mortgage Interest Proceed

0.00

Rent Proceed

8718.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70602.50

Forgiveness Date

07/02/2021

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