Paydac Plastics, Inc.

$71,680 PPP Loan in Fergus Falls, Minnesota

Loan Details

Loan Number
4515097203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$71,680
Current Approval
$71,680
Forgiveness Amount
$72,212
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paydac Plastics, Inc.
Address
1928 Fir Ave
ZIP Code
56537-4300
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
$8.9M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$54,180
Rent
$13,000
Utilities
$4,500

Lender Information

Servicing Lender
United Valley Bank
Originating Lender
United Valley Bank

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