PPP Loan information for Polymer technologies inc.

$1,849,387

Polymer technologies inc. was initially approved for PPP Loan of amount $1,849,387, the current approved amount is $1,849,387. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 160 jobs and $1,849,387 was used to fund payroll.

Polymer technologies inc. is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Polymer technologies inc.

POLYMER TECHNOLOGIES INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

POLYMER TECHNOLOGIES INC.

Borrower Address

420 Corporate Boulevard

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1849387.00

Current Approval Amount

1849387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-1000

CD

DE-

Jobs Reported

160

NAICS Code

326150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

70297.00

Payroll Proceed

1377127.00

Mortgage Interest Proceed

11584.00

Rent Proceed

132840.00

Refinance EIDL Proceed

0.00

Health Care Proceed

237761.00

Debt Interest Proceed

19778

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1859976.64

Forgiveness Date

11/19/2020

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