PPP Loan information for Specialty products and polymers

$240,700

Specialty products and polymers was initially approved for PPP Loan of amount $240,700, the current approved amount is $240,700. The loan was approved on 04/14/2020 by The 1st Source Bank reported 41 jobs and $240,700 was used to fund payroll.

Specialty products and polymers is Existing or more than 2 years old

SPECIALTY PRODUCTS AND POLYMERS

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPECIALTY PRODUCTS AND POLYMERS

Borrower Address

2100 Progressive Drive

Borrower City

NILES

Borrower State

MI

Borrower Zip

49120-1285

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240700.00

Current Approval Amount

240700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NILES

Project County Name

BERRIEN

Project State

MI

Project Zip

49120-1285

CD

MI-06

Jobs Reported

41

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240700.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242685.78

Forgiveness Date

02/16/2021

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