Innovative Plastics Corporation
$2,316,597 PPP Loan in Orangeburg, New York
Loan Details
- Loan Number
- 2125847100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,316,597
- Current Approval
- $1,986,597
- Forgiveness Amount
- $2,016,179
- Forgiveness Date
- Oct 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Innovative Plastics Corporation
- Address
- 400 Route 303
- City
- Orangeburg
- State
- New York
- ZIP Code
- 10962
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (326199)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 204
- Estimated Revenue
- $202.3M
- Rural/Urban
- Urban
- Congressional District
- NY-17
Loan Use Breakdown
- Payroll
- $1,454,799
- Rent
- $142,000
- Utilities
- $211,319
- Health Care
- $178,479
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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