PPP Loan information for Custom polymers, inc

$537,500

Custom polymers, inc was initially approved for PPP Loan of amount $537,500, the current approved amount is $537,500. The loan was approved on 04/13/2020 by The Regions Bank reported 36 jobs and $537,500 was used to fund payroll.

Custom polymers, inc is Existing or more than 2 years old

CUSTOM POLYMERS, INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CUSTOM POLYMERS, INC

Borrower Address

700 Tuckaseegee Rd

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28208-4433

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

537500.00

Current Approval Amount

537500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28208-4433

CD

NC-12

Jobs Reported

36

NAICS Code

326199

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

537500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

540459.93

Forgiveness Date

11/05/2020

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