PPP Loan information for Medway plastics corporation

$1,500,000

Medway plastics corporation was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 03/17/2021 by The BMO Harris Bank National Association reported 146 jobs and $1,500,000 was used to fund payroll.

Medway plastics corporation is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Medway plastics corporation

MEDWAY PLASTICS CORPORATION

Date Approved

03/17/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MEDWAY PLASTICS CORPORATION

Borrower Address

2250 E Cherry Industrial Cir

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90805-4414

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90805-4414

CD

CA-44

Jobs Reported

146

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1499998.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1510416.67

Forgiveness Date

11/26/2021

;