PPP Loan information for Flexible plastics, inc

$100,000

Flexible plastics, inc was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/03/2020 by The ProGrowth Bank reported 10 jobs and $100,000 was used to fund payroll.

Flexible plastics, inc is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Flexible plastics, inc

FLEXIBLE PLASTICS, INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FLEXIBLE PLASTICS, INC

Borrower Address

301 MAXFIELD ST

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-3047

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38693

Servicing Lender Name

ProGrowth Bank

Servicing Lender Address

703 3rd St

Servicing Lender City

NICOLLET

Servicing Lender State

MN

Servicing Lender Zip

56074-6074

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-3047

CD

MN-01

Jobs Reported

10

NAICS Code

326111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38693

Originating Lender

ProGrowth Bank

Originating Lender City

NICOLLET

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

100613.89

Forgiveness Date

11/23/2020

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