PPP Loan information for Poly plastics inc.

$148,500

Poly plastics inc. was initially approved for PPP Loan of amount $148,500, the current approved amount is $148,500. The loan was approved on 04/03/2020 by The Community Bank Owatonna reported 12 jobs and $148,500 was used to fund payroll.

Poly plastics inc. is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Poly plastics inc.

POLY PLASTICS INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

POLY PLASTICS INC.

Borrower Address

3280 PARK DR

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-4803

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148500.00

Current Approval Amount

148500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317317

Servicing Lender Name

Community Bank Owatonna

Servicing Lender Address

640 Bridge St

Servicing Lender City

OWATONNA

Servicing Lender State

MN

Servicing Lender Zip

55060-2702

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-4803

CD

MN-01

Jobs Reported

12

NAICS Code

325211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148500.00

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

317317

Originating Lender

Community Bank Owatonna

Originating Lender City

OWATONNA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149337.38

Forgiveness Date

11/03/2020

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