PPP Loan information for Shrink packaging systems corporation

$950,000

Shrink packaging systems corporation was initially approved for PPP Loan of amount $950,000, the current approved amount is $950,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 65 jobs and $950,000 was used to fund payroll.

Shrink packaging systems corporation is Existing or more than 2 years old

PPP Loan Search / NJ / EDISON / Shrink packaging systems corporation

SHRINK PACKAGING SYSTEMS CORPORATION

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SHRINK PACKAGING SYSTEMS CORPORATION

Borrower Address

15 PROGRESS STREET

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08820

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

950000.00

Current Approval Amount

950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08820-1000

CD

NJ-06

Jobs Reported

65

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

950000.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

932037.35

Forgiveness Date

03/31/2021

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