Solar Plastics LLC

$2,446,135 PPP Loan in Delano, Minnesota

Loan Details

Loan Number
9396947001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,446,135
Current Approval
$2,446,135
Forgiveness Amount
$2,477,232
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solar Plastics LLC
Address
860 Johnson Drive 0.0
City
Delano
ZIP Code
55328-8626
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
243
Estimated Revenue
$241.0M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,956,908
Rent
$117,348
Utilities
$315,879
Debt Interest
$56,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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