Polymer Technologies Inc.

$1,849,387 PPP Loan in Newark, Delaware

Loan Details

Loan Number
9028647110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,849,387
Current Approval
$1,849,387
Forgiveness Amount
$1,859,977
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Polymer Technologies Inc.
Address
420 Corporate Boulevard
City
Newark
ZIP Code
19702
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326150)
Business Age
Existing or more than 2 years old
Jobs Reported
160
Estimated Revenue
$158.7M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$1,377,127
Rent
$132,840
Utilities
$70,297
Health Care
$237,761
Mortgage Interest
$11,584
Debt Interest
$19,778

Lender Information

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

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