PPP Loan information for Mechanical plastics corp.

$676,465

Mechanical plastics corp. was initially approved for PPP Loan of amount $676,465, the current approved amount is $676,465. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 46 jobs and $676,465 was used to fund payroll.

Mechanical plastics corp. is Existing or more than 2 years old

MECHANICAL PLASTICS CORP.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MECHANICAL PLASTICS CORP.

Borrower Address

110 Richards Avenue

Borrower City

Norwalk

Borrower State

CT

Borrower Zip

06854

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

676465.00

Current Approval Amount

676465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwalk

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06854-1000

CD

CT-04

Jobs Reported

46

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3966.00

Payroll Proceed

566103.00

Mortgage Interest Proceed

0.00

Rent Proceed

56875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

49521.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

680764.72

Forgiveness Date

12/10/2020

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