PPP Loan information for Ideal plastics systems, inc.

$44,900

Ideal plastics systems, inc. was initially approved for PPP Loan of amount $44,900, the current approved amount is $44,900. The loan was approved on 04/05/2020 by The Hometown Bank reported 4 jobs and $44,900 was used to fund payroll.

Ideal plastics systems, inc. is New Business or 2 years or less

IDEAL PLASTICS SYSTEMS, INC.

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

IDEAL PLASTICS SYSTEMS, INC.

Borrower Address

626 SCHOOL ST

Borrower City

PUTNAM

Borrower State

CT

Borrower Zip

06260-2402

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44900.00

Current Approval Amount

44900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PUTNAM

Project County Name

WINDHAM

Project State

CT

Project Zip

06260-2402

CD

CT-02

Jobs Reported

4

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44900.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45243.21

Forgiveness Date

01/20/2021

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