PPP Loan information for Pressed paperboard technologies llc

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRESSED PAPERBOARD TECHNOLOGIES LLC

Borrower Address

30400 Telegraph Road, Suite 386

Borrower City

Bingham Farms

Borrower State

MI

Borrower Zip

48025-4535

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1607800.00

Current Approval Amount

1607800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bingham Farms

Project County Name

OAKLAND

Project State

MI

Project Zip

48025-4535

CD

MI-12

Jobs Reported

163

NAICS Code

322299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1607800.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1538778.78

Forgiveness Date

01/25/2021