PPP Loan information for Designer plastics inc

$172,580

Designer plastics inc was initially approved for PPP Loan of amount $172,580, the current approved amount is $172,580. The loan was approved on 04/13/2020 by The Redstone FCU reported 24 jobs and $172,580 was used to fund payroll.

Designer plastics inc is Existing or more than 2 years old

DESIGNER PLASTICS INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DESIGNER PLASTICS INC

Borrower Address

1325 Eddy Scant City rd

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-5355

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172580.00

Current Approval Amount

172580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-5355

CD

AL-04

Jobs Reported

24

NAICS Code

325211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172580.00

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

Corporation

Originating Lender Location Id

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174357.81

Forgiveness Date

05/06/2021

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