# PPP loan: PRIORITY PLASTICS
> **$2.73M** approved 04/06/2020 · Paid in Full · Loan `5718937004`
## Borrower
- **Name:** PRIORITY PLASTICS
- **Address:** 500 Industrial Park Drive, PORTLAND, IN, 47371
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.73M
- **Initial approval:** $2.73M
- **Forgiven:** $2.76M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Rent:** $130K
- **Mortgage interest:** $63K
- **Utilities:** $352K
- **Jobs reported:** 256
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*