# PPP loan: APPLIES PLASTICS TECHNOLOGY
> **$324K** approved 01/26/2021 · Paid in Full · Loan `5963358301`
## Borrower
- **Name:** APPLIES PLASTICS TECHNOLOGY
- **Address:** 45 Broadcommon Rd, Bristol, RI, 02809-2721
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $325K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*