Polypac, INC

$113,608 PPP Loan in Maynardville, Tennessee

Loan Details

Loan Number
9034577305
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$113,608
Current Approval
$113,608
Forgiveness Amount
$114,372
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Polypac, INC
Address
165 Durham Drive
ZIP Code
37807
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321920)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
$8.9M
Rural/Urban
Rural
Congressional District
TN-02

Loan Use Breakdown

Payroll
$97,099
Utilities
$10,000
Mortgage Interest
$6,509

Lender Information

Servicing Lender
Cb&s Bank
Originating Lender
Cb&s Bank

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