PPP Loan information for Impact plastics corporation

$1,116,600

Impact plastics corporation was initially approved for PPP Loan of amount $1,116,600, the current approved amount is $1,116,600. The loan was approved on 04/07/2020 by The CIBC Bank USA reported 96 jobs and $1,116,600 was used to fund payroll.

Impact plastics corporation is Existing or more than 2 years old

IMPACT PLASTICS CORPORATION

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

IMPACT PLASTICS CORPORATION

Borrower Address

950 Tollgate Road

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-9313

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1116600.00

Current Approval Amount

1116600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-9313

CD

IL-08

Jobs Reported

96

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1116600.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1127460.08

Forgiveness Date

03/31/2021

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