# PPP loan: PLASTIC ENGINEERING INC
> **$427K** approved 02/05/2021 · Paid in Full · Loan `3774988402`
## Borrower
- **Name:** PLASTIC ENGINEERING INC
- **Address:** 3104 S 52nd St, Tempe, AZ, 85282-3212
- **NAICS:** 453998
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $427K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*