# PPP loan: COPE PLASTICS INC
> **$4.75M** approved 04/07/2020 · Paid in Full · Loan `7077527008`
## Borrower
- **Name:** COPE PLASTICS INC
- **Address:** 4441 Industrial Drive, ALTON, IL, 62002-5939
- **NAICS:** 424610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.75M
- **Initial approval:** $4.42M
- **Forgiven:** $4.81M (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.75M
- **Jobs reported:** 367
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*