PPP Loan information for Indelco plastics corporation

$2,120,700

Indelco plastics corporation was initially approved for PPP Loan of amount $2,120,700, the current approved amount is $2,120,700. The loan was approved on 04/10/2020 by The Old National Bank reported 157 jobs and $2,120,700 was used to fund payroll.

Indelco plastics corporation is Existing or more than 2 years old

INDELCO PLASTICS CORPORATION

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INDELCO PLASTICS CORPORATION

Borrower Address

6530 Cambridge Street

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55426-4402

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2120700.00

Current Approval Amount

2120700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55426-4402

CD

MN-05

Jobs Reported

157

NAICS Code

326122

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2120700.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2145044.47

Forgiveness Date

06/11/2021

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