PPP Loan information for Polymer processing institute

$181,662

Polymer processing institute was initially approved for PPP Loan of amount $181,662, the current approved amount is $181,662. The loan was approved on 05/01/2020 by The WebBank reported 10 jobs and $181,662 was used to fund payroll.

Polymer processing institute is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Polymer processing institute

POLYMER PROCESSING INSTITUTE

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POLYMER PROCESSING INSTITUTE

Borrower Address

Suite 3901, GITC University Heights, NJIT

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181662.00

Current Approval Amount

181662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-0301

CD

NJ-10

Jobs Reported

10

NAICS Code

541713

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181662.00

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

Non-Profit Organization

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

183196.03

Forgiveness Date

03/05/2021

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