PPP Loan information for Industrial packaging corporation

$812,300

Industrial packaging corporation was initially approved for PPP Loan of amount $812,300, the current approved amount is $812,300. The loan was approved on 04/03/2020 by The State Bank Financial reported 90 jobs and $812,300 was used to fund payroll.

Industrial packaging corporation is Existing or more than 2 years old

PPP Loan Search / WI / TOMAHAWK / Industrial packaging corporation

INDUSTRIAL PACKAGING CORPORATION

Date Approved

04/03/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

INDUSTRIAL PACKAGING CORPORATION

Borrower Address

1515 West Mohawk Drive

Borrower City

TOMAHAWK

Borrower State

WI

Borrower Zip

54487-2214

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

812300.00

Current Approval Amount

812300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122709

Servicing Lender Name

State Bank Financial

Servicing Lender Address

401 Main St

Servicing Lender City

LA CROSSE

Servicing Lender State

WI

Servicing Lender Zip

54601-9207

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOMAHAWK

Project County Name

LINCOLN

Project State

WI

Project Zip

54487-2214

CD

WI-07

Jobs Reported

90

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45000.00

Payroll Proceed

609300.00

Mortgage Interest Proceed

0.00

Rent Proceed

158000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122709

Originating Lender

State Bank Financial

Originating Lender City

LA CROSSE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

816817.72

Forgiveness Date

11/03/2020

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