# PPP loan: ELKHART PLASTICS, INC.
> **$3.05M** approved 04/10/2020 · Paid in Full · Loan `2123857110`
## Borrower
- **Name:** ELKHART PLASTICS, INC.
- **Address:** 3300 North Kenmore St, SOUTH BEND, IN, 46628-4314
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.05M
- **Initial approval:** $3.05M
- **Forgiven:** $3.08M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.44M
- **Rent:** $480K
- **Utilities:** $129K
- **Jobs reported:** 500
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*