PPP Loan information for Decatur plastic prodcuts, inc.

$2,477,840

Decatur plastic prodcuts, inc. was initially approved for PPP Loan of amount $2,477,840, the current approved amount is $2,477,840. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 284 jobs and $2,477,840 was used to fund payroll.

Decatur plastic prodcuts, inc. is Existing or more than 2 years old

PPP Loan Search / IN / NORTH VERNON / Decatur plastic prodcuts, inc.

DECATUR PLASTIC PRODCUTS, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DECATUR PLASTIC PRODCUTS, INC.

Borrower Address

3250 N STATE HWY 7 PO BOX 1079

Borrower City

NORTH VERNON

Borrower State

IN

Borrower Zip

47265-7490

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2477840.00

Current Approval Amount

2477840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH VERNON

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-7490

CD

IN-09

Jobs Reported

284

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

178900.00

Payroll Proceed

1808330.00

Mortgage Interest Proceed

0.00

Rent Proceed

252748.00

Refinance EIDL Proceed

0.00

Health Care Proceed

190000.00

Debt Interest Proceed

47862

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2506574.68

Forgiveness Date

06/11/2021

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