PPP Loan information for Plastic technologies inc.

$192,900

Plastic technologies inc. was initially approved for PPP Loan of amount $192,900, the current approved amount is $192,900. The loan was approved on 04/13/2020 by The Union National Bank reported 26 jobs and $192,900 was used to fund payroll.

Plastic technologies inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Plastic technologies inc.

PLASTIC TECHNOLOGIES INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PLASTIC TECHNOLOGIES INC.

Borrower Address

1200 ABBOTT DRIVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-1819

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192900.00

Current Approval Amount

192900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-1819

CD

IL-08

Jobs Reported

26

NAICS Code

335129

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

192900.00

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

Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195429.13

Forgiveness Date

08/10/2021

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