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Busch Plastics INC

$69,750 PPP Loan in Lynwood, Illinois

Loan Details

Loan Number
9164997006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$69,750
Current Approval
$69,750
Forgiveness Amount
$70,603
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Busch Plastics INC
Address
21706 Lincoln Hwy
City
Lynwood
State
Illinois
ZIP Code
60411-5285
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$52,313
Rent
$8,718
Utilities
$8,719

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

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