PPP Loan information for Favorite plastics corp

$357,816

Favorite plastics corp was initially approved for PPP Loan of amount $357,816, the current approved amount is $357,816. The loan was approved on 04/29/2020 by The Customers Bank reported 35 jobs and $357,816 was used to fund payroll.

Favorite plastics corp is Existing or more than 2 years old

FAVORITE PLASTICS CORP

Date Approved

04/29/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

FAVORITE PLASTICS CORP

Borrower Address

1465 Utica Avenue

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11234

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357816.00

Current Approval Amount

357816.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11234-0001

CD

NY-09

Jobs Reported

35

NAICS Code

326112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357816.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

362119.60

Forgiveness Date

07/14/2021

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