PPP Loan information for Element plastics mfg, inc

$675,200

Element plastics mfg, inc was initially approved for PPP Loan of amount $675,200, the current approved amount is $675,200. The loan was approved on 04/15/2020 by The Wallis Bank reported 110 jobs and $675,200 was used to fund payroll.

Element plastics mfg, inc is Existing or more than 2 years old

PPP Loan Search / TX / SUGAR LAND / Element plastics mfg, inc

ELEMENT PLASTICS MFG, INC

Date Approved

04/15/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

ELEMENT PLASTICS MFG, INC

Borrower Address

1601 Gillingham Lane

Borrower City

SUGAR LAND

Borrower State

TX

Borrower Zip

77478-3822

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675200.00

Current Approval Amount

675200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUGAR LAND

Project County Name

FORT BEND

Project State

TX

Project Zip

77478-3822

CD

TX-22

Jobs Reported

110

NAICS Code

326111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

675200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

665615.81

Forgiveness Date

08/09/2021

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