Shrink Packaging Systems Corporation

$950,000 PPP Loan in Edison, New Jersey

Loan Details

Loan Number
1875587208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$950,000
Current Approval
$950,000
Forgiveness Amount
$932,037
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shrink Packaging Systems Corporation
Address
15 Progress Street
City
Edison
ZIP Code
08820
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$16.7M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$950,000

Lender Information

Servicing Lender
Citizens Bank, National Association
Originating Lender
Citizens Bank, National Association

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