New Plastics Plus, Inc.

$332,000 PPP Loan in Saint Michael, Minnesota

Loan Details

Loan Number
9598947010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$332,000
Current Approval
$332,000
Forgiveness Amount
$334,564
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Plastics Plus, Inc.
Address
12707 42nd St NE
ZIP Code
55376-9510
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$31.7M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$253,766
Health Care
$78,234

Lender Information

Servicing Lender
Premier Bank Minnesota
Originating Lender
Premier Bank Minnesota

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