PPP Loan information for Paydac plastics, inc.

$71,680

Paydac plastics, inc. was initially approved for PPP Loan of amount $71,680, the current approved amount is $71,680. The loan was approved on 04/27/2020 by The United Valley Bank reported 9 jobs and $71,680 was used to fund payroll.

Paydac plastics, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FERGUS FALLS / Paydac plastics, inc.

PAYDAC PLASTICS, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PAYDAC PLASTICS, INC.

Borrower Address

1928 FIR AVE

Borrower City

FERGUS FALLS

Borrower State

MN

Borrower Zip

56537-4300

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71680.00

Current Approval Amount

71680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52701

Servicing Lender Name

United Valley Bank

Servicing Lender Address

211 Division Ave S

Servicing Lender City

CAVALIER

Servicing Lender State

ND

Servicing Lender Zip

58220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FERGUS FALLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-4300

CD

MN-07

Jobs Reported

9

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

54180.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52701

Originating Lender

United Valley Bank

Originating Lender City

CAVALIER

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72212.20

Forgiveness Date

01/26/2021

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