# PPP loan: CRYOGENIC PLASTICS, INC.
> **$504K** approved 04/10/2020 · Paid in Full · Loan `2212327106`
## Borrower
- **Name:** CRYOGENIC PLASTICS, INC.
- **Address:** 818 Prototype Rd, FLATONIA, TX, 78941-5181
- **NAICS:** 813910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Mortgage interest:** $63K
- **Utilities:** $63K
- **Jobs reported:** 41
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*