# PPP loan: PLASTIC PROCESS EQUIPMENT, INC.
> **$861K** approved 04/10/2020 · Paid in Full · Loan `1401047110`
## Borrower
- **Name:** PLASTIC PROCESS EQUIPMENT, INC.
- **Address:** 8303 Corporate Park Dr 0.0, Macedonia, OH, 44056-2300
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $861K
- **Initial approval:** $861K
- **Forgiven:** $872K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $661K
- **Rent:** $120K
- **Utilities:** $24K
- **Health care:** $56K
- **Jobs reported:** 70
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*