PPP Loan information for Preferred plastics & packaging, inc.

$501,983

Preferred plastics & packaging, inc. was initially approved for PPP Loan of amount $501,983, the current approved amount is $501,983. The loan was approved on 04/27/2020 by The Lakeland Bank reported 45 jobs and $501,983 was used to fund payroll.

Preferred plastics & packaging, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / LYNDHURST / Preferred plastics & packaging, inc.

PREFERRED PLASTICS & PACKAGING, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PREFERRED PLASTICS & PACKAGING, INC.

Borrower Address

1099 Wall Street West

Borrower City

LYNDHURST

Borrower State

NJ

Borrower Zip

07071

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501982.50

Current Approval Amount

501982.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNDHURST

Project County Name

BERGEN

Project State

NJ

Project Zip

07071-0001

CD

NJ-09

Jobs Reported

45

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

501982.50

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

506988.38

Forgiveness Date

05/05/2021

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