PPP Loan information for Decatur plastic products inc.

$2,000,000

Decatur plastic products inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/27/2021 by The JPMorgan Chase Bank, National Association reported 278 jobs and $2,000,000 was used to fund payroll.

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

DECATUR PLASTIC PRODUCTS INC.

Date Approved

01/27/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DECATUR PLASTIC PRODUCTS INC.

Borrower Address

3250 N State Highway 7

Borrower City

North Vernon

Borrower State

IN

Borrower Zip

47265-7490

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

278

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

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

2017367.78

Forgiveness Date

12/14/2021

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