PPP Loan information for Plastic process equipment, inc.

$860,500

Plastic process equipment, inc. was initially approved for PPP Loan of amount $860,500, the current approved amount is $860,500. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 70 jobs and $860,500 was used to fund payroll.

Plastic process equipment, inc. is Existing or more than 2 years old

PLASTIC PROCESS EQUIPMENT, INC.

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PLASTIC PROCESS EQUIPMENT, INC.

Borrower Address

8303 Corporate Park Dr 0.0

Borrower City

Macedonia

Borrower State

OH

Borrower Zip

44056-2300

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

860500.00

Current Approval Amount

860500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macedonia

Project County Name

SUMMIT

Project State

OH

Project Zip

44056-2300

CD

OH-13

Jobs Reported

70

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24000.00

Payroll Proceed

660500.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

56000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

872259.21

Forgiveness Date

08/26/2021

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