PPP Loan information for Protective industrial polymers, inc

$542,400

Protective industrial polymers, inc was initially approved for PPP Loan of amount $542,400, the current approved amount is $542,400. The loan was approved on 04/11/2020 by The Premier Bank reported 32 jobs and $542,400 was used to fund payroll.

Protective industrial polymers, inc is Existing or more than 2 years old

PROTECTIVE INDUSTRIAL POLYMERS, INC

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PROTECTIVE INDUSTRIAL POLYMERS, INC

Borrower Address

7875 BLISS PKWY

Borrower City

NORTH RIDGEVILLE

Borrower State

OH

Borrower Zip

44039-3475

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

542400.00

Current Approval Amount

542400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH RIDGEVILLE

Project County Name

LORAIN

Project State

OH

Project Zip

44039-3475

CD

OH-05

Jobs Reported

32

NAICS Code

327390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

542400.00

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

Corporation

Originating Lender Location Id

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

547628.13

Forgiveness Date

03/31/2021

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