PPP Loan information for Plastic recycling, inc.

$1,833,452

Plastic recycling, inc. was initially approved for PPP Loan of amount $1,833,452, the current approved amount is $1,833,452. The loan was approved on 04/10/2020 by The Horizon Bank reported 159 jobs and $1,833,452 was used to fund payroll.

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

PPP Loan Search / IN / INDIANAPOLIS / Plastic recycling, inc.

PLASTIC RECYCLING, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PLASTIC RECYCLING, INC.

Borrower Address

7601 Rockville Rd

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46214-3102

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1833452.00

Current Approval Amount

1833452.00

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

159

NAICS Code

325991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

183344.00

Payroll Proceed

1466762.00

Mortgage Interest Proceed

183346.00

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

1845356.88

Forgiveness Date

12/28/2020

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