PPP Loan information for Loose plastics inc.

$1,135,983

Loose plastics inc. was initially approved for PPP Loan of amount $1,135,984, the current approved amount is $1,135,983. The loan was approved on 04/08/2020 by The Horizon Bank reported 113 jobs and $1,135,983 was used to fund payroll.

Loose plastics inc. is Existing or more than 2 years old

LOOSE PLASTICS INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOOSE PLASTICS INC.

Borrower Address

1016 E First St

Borrower City

GLADWIN

Borrower State

MI

Borrower Zip

48624-1268

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1135983.94

Current Approval Amount

1135983.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLADWIN

Project County Name

GLADWIN

Project State

MI

Project Zip

48624-1268

CD

MI-04

Jobs Reported

113

NAICS Code

326130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

75732.26

Payroll Proceed

908787.15

Mortgage Interest Proceed

75732.27

Rent Proceed

75731.32

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1142176.44

Forgiveness Date

11/03/2020

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