PPP Loan information for Priority plastics

$2,726,118

Priority plastics was initially approved for PPP Loan of amount $2,726,118, the current approved amount is $2,726,118. The loan was approved on 04/06/2020 by The First Bank reported 256 jobs and $2,726,118 was used to fund payroll.

Priority plastics is Existing or more than 2 years old

PPP Loan Search / IN / PORTLAND / Priority plastics

PRIORITY PLASTICS

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRIORITY PLASTICS

Borrower Address

500 Industrial Park Drive

Borrower City

PORTLAND

Borrower State

IN

Borrower Zip

47371

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2726117.50

Current Approval Amount

2726117.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40337

Servicing Lender Name

First Bank

Servicing Lender Address

11947 Olive Blvd

Servicing Lender City

Creve Coeur

Servicing Lender State

MO

Servicing Lender Zip

63141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

JAY

Project State

IN

Project Zip

47371-0001

CD

IN-03

Jobs Reported

256

NAICS Code

325211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

351952.50

Payroll Proceed

2180893.00

Mortgage Interest Proceed

62956.00

Rent Proceed

130316.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40337

Originating Lender

First Bank

Originating Lender City

Creve Coeur

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2762238.56

Forgiveness Date

08/05/2021

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