PPP Loan information for Polypac, inc

$113,608

Polypac, inc was initially approved for PPP Loan of amount $113,608, the current approved amount is $113,608. The loan was approved on 05/01/2020 by The CB&S Bank reported 9 jobs and $113,608 was used to fund payroll.

Polypac, inc is Existing or more than 2 years old

POLYPAC, INC

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

POLYPAC, INC

Borrower Address

165 DURHAM DRIVE

Borrower City

MAYNARDVILLE

Borrower State

TN

Borrower Zip

37807

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113608.37

Current Approval Amount

113608.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAYNARDVILLE

Project County Name

UNION

Project State

TN

Project Zip

37807-0001

CD

TN-02

Jobs Reported

9

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

97099.37

Mortgage Interest Proceed

6509.00

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

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114372.07

Forgiveness Date

01/11/2021

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