Priority Plastics

$2,726,118 PPP Loan in Portland, Indiana

Loan Details

Loan Number
5718937004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,726,118
Current Approval
$2,726,118
Forgiveness Amount
$2,762,239
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Priority Plastics
Address
500 Industrial Park Drive
State
Indiana
ZIP Code
47371
Business Type
Corporation
Industry (NAICS)
Manufacturing (325211)
Business Age
Existing or more than 2 years old
Jobs Reported
256
Estimated Revenue
$253.9M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$2,180,893
Rent
$130,316
Utilities
$351,953
Mortgage Interest
$62,956

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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