# PPP loan: PLASTICS, INC.
> **$259K** approved 04/30/2020 · Paid in Full · Loan `6745557302`
## Borrower
- **Name:** PLASTICS, INC.
- **Address:** PO BOX 159, GREENSBORO, AL, 36744-0159
- **NAICS:** 325211
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $19K
- **Jobs reported:** 35
## Lender
- **Originating:** Peoples Bank of Greensboro
- **Servicing:** Peoples Bank of Greensboro (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*