# PPP loan: INTEK PLASTICS, INC
> **$3.56M** approved 04/15/2020 · Paid in Full · Loan `2174537206`
## Borrower
- **Name:** INTEK PLASTICS, INC
- **Address:** 1000 Spiral Blvd, HASTINGS, MN, 55033
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.56M
- **Initial approval:** $3.56M
- **Forgiven:** $3.60M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.56M
- **Jobs reported:** 211
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*