PPP Loan information for Plastic recycling

$1,685,293

Plastic recycling was initially approved for PPP Loan of amount $1,685,293, the current approved amount is $1,685,293. The loan was approved on 01/23/2021 by The Horizon Bank reported 150 jobs and $1,685,293 was used to fund payroll.

Plastic recycling is Existing or more than 2 years old

PPP Loan Search / IN / Indianapolis / Plastic recycling

PLASTIC RECYCLING

Date Approved

01/23/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PLASTIC RECYCLING

Borrower Address

7601 Rockville Rd

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46214-3102

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1685293.47

Current Approval Amount

1685293.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46214-3102

CD

IN-07

Jobs Reported

150

NAICS Code

325991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1685288.47

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1697713.85

Forgiveness Date

10/25/2021

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