Decatur Plastic Prodcuts, Inc.

$2,477,840 PPP Loan in North Vernon, Indiana

Loan Details

Loan Number
9688867003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,477,840
Current Approval
$2,477,840
Forgiveness Amount
$2,506,575
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Decatur Plastic Prodcuts, Inc.
Address
3250 N State Hwy 7 Po Box 1079
State
Indiana
ZIP Code
47265-7490
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
284
Estimated Revenue
$281.7M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$1,808,330
Rent
$252,748
Utilities
$178,900
Health Care
$190,000
Debt Interest
$47,862

Lender Information

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

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