PPP Loan information for Remcon plastics inc

$866,322

Remcon plastics inc was initially approved for PPP Loan of amount $866,322, the current approved amount is $866,322. The loan was approved on 04/09/2020 by The Wilmington Savings Fund Society, FSB reported 81 jobs and $866,322 was used to fund payroll.

Remcon plastics inc is Existing or more than 2 years old

REMCON PLASTICS INC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

REMCON PLASTICS INC

Borrower Address

208 CHESTNUT ST

Borrower City

READING

Borrower State

PA

Borrower Zip

19602-1809

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

866322.00

Current Approval Amount

866322.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19602-1809

CD

PA-06

Jobs Reported

81

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

73814.00

Payroll Proceed

764508.00

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

873466.19

Forgiveness Date

02/17/2021

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