Bio-Plastic Solutions, LLC

$206,100 PPP Loan in Ellendale, Minnesota

Loan Details

Loan Number
5795427008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$206,100
Current Approval
$206,100
Forgiveness Amount
$207,709
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bio-Plastic Solutions, LLC
Address
4004 Hwy 30 W
ZIP Code
56026-2600
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$25.8M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$154,575
Utilities
$20,000
Mortgage Interest
$20,000
Debt Interest
$11,525

Lender Information

Servicing Lender
Manufacturers Bank & Trust Company
Originating Lender
Manufacturers Bank & Trust Company

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