PPP Loan information for Polyply composites, llc

$363,975

Polyply composites, llc was initially approved for PPP Loan of amount $363,975, the current approved amount is $363,975. The loan was approved on 04/08/2020 by The Carrollton Bank reported 44 jobs and $363,975 was used to fund payroll.

Polyply composites, llc is Existing or more than 2 years old

POLYPLY COMPOSITES, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POLYPLY COMPOSITES, LLC

Borrower Address

1540 Marion Avenue

Borrower City

GRAND HAVEN

Borrower State

MI

Borrower Zip

49417-2368

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363975.00

Current Approval Amount

363975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND HAVEN

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-2368

CD

MI-03

Jobs Reported

44

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272981.25

Mortgage Interest Proceed

0.00

Rent Proceed

90993.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367513.65

Forgiveness Date

04/02/2021

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