PPP Loan information for Element plastics mfg llc

$675,200

Element plastics mfg llc was initially approved for PPP Loan of amount $675,200, the current approved amount is $675,200. The loan was approved on 03/27/2021 by The Wallis Bank reported 94 jobs and $675,200 was used to fund payroll.

Element plastics mfg llc is Existing or more than 2 years old

ELEMENT PLASTICS MFG LLC

Date Approved

03/27/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

ELEMENT PLASTICS MFG LLC

Borrower Address

1601 Gillingham Ln Ste 140

Borrower City

Sugar Land

Borrower State

TX

Borrower Zip

77478-2902

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

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

77478-2902

CD

TX-22

Jobs Reported

94

NAICS Code

326111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

675194.00

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

680751.64

Forgiveness Date

01/21/2022

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