PPP Loan information for Impact plastics inc

$389,197

Impact plastics inc was initially approved for PPP Loan of amount $389,197, the current approved amount is $389,197. The loan was approved on 01/26/2021 by The Bank of Tennessee reported 59 jobs and $389,197 was used to fund payroll.

Impact plastics inc is Existing or more than 2 years old

PPP Loan Search / TN / Erwin / Impact plastics inc

IMPACT PLASTICS INC

Date Approved

01/26/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

IMPACT PLASTICS INC

Borrower Address

1070 S Industrial Dr

Borrower City

Erwin

Borrower State

TN

Borrower Zip

37650-3656

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389197.00

Current Approval Amount

389197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Erwin

Project County Name

UNICOI

Project State

TN

Project Zip

37650-3656

CD

TN-01

Jobs Reported

59

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

389195.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

393651.14

Forgiveness Date

03/16/2022

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