# PPP loan: SPECIALTY PRODUCTS AND POLYMERS
> **$241K** approved 04/14/2020 · Paid in Full · Loan `5748067102`
## Borrower
- **Name:** SPECIALTY PRODUCTS AND POLYMERS
- **Address:** 2100 Progressive Drive, NILES, MI, 49120-1285
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 41
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*