# PPP loan: SILICONE PLASTICS, INC.
> **$444K** approved 04/06/2020 · Paid in Full · Loan `6335087006`
## Borrower
- **Name:** SILICONE PLASTICS, INC.
- **Address:** 97 W 300 S, MILLVILLE, UT, 84326-7715
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $12K
- **Mortgage interest:** $11K
- **Utilities:** $15K
- **Health care:** $187K
- **Jobs reported:** 58
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*