Mechanical Plastics Corp.

$676,465 PPP Loan in Norwalk, Connecticut

Loan Details

Loan Number
8340977104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$676,465
Current Approval
$676,465
Forgiveness Amount
$680,765
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Plastics Corp.
Address
110 Richards Avenue
ZIP Code
06854
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$45.6M
Rural/Urban
Urban
Congressional District
CT-04

Loan Use Breakdown

Payroll
$566,103
Rent
$56,875
Utilities
$3,966
Health Care
$49,521

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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