PPP Loan information for New plastics plus, inc.

$332,000

New plastics plus, inc. was initially approved for PPP Loan of amount $332,000, the current approved amount is $332,000. The loan was approved on 04/09/2020 by The Premier Bank Minnesota reported 32 jobs and $332,000 was used to fund payroll.

New plastics plus, inc. is Existing or more than 2 years old

NEW PLASTICS PLUS, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW PLASTICS PLUS, INC.

Borrower Address

12707 42ND ST NE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-9510

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332000.00

Current Approval Amount

332000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117020

Servicing Lender Name

Premier Bank Minnesota

Servicing Lender Address

101 E 10th St

Servicing Lender City

Hastings

Servicing Lender State

MN

Servicing Lender Zip

55033

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-9510

CD

MN-06

Jobs Reported

32

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

253766.05

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78233.95

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117020

Originating Lender

Premier Bank Minnesota

Originating Lender City

Hastings

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334563.78

Forgiveness Date

01/20/2021

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