PPP Loan information for Plastic recovery technologies corporation

$287,500

Plastic recovery technologies corporation was initially approved for PPP Loan of amount $287,500, the current approved amount is $287,500. The loan was approved on 04/27/2020 by The American Express National Bank reported 19 jobs and $287,500 was used to fund payroll.

Plastic recovery technologies corporation is Existing or more than 2 years old

PLASTIC RECOVERY TECHNOLOGIES CORPORATION

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PLASTIC RECOVERY TECHNOLOGIES CORPORATION

Borrower Address

920 Remington Road

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287500.00

Current Approval Amount

287500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-1000

CD

IL-08

Jobs Reported

19

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287500.00

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

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290075.68

Forgiveness Date

03/31/2021

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