# PPP loan: PLASTIC DESIGNS INC.
> **$244K** approved 04/07/2020 · Paid in Full · Loan `7100637005`
## Borrower
- **Name:** PLASTIC DESIGNS INC.
- **Address:** 1330 S VERMILLION ST, PAXTON, IL, 60957-1700
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Mortgage interest:** $12K
- **Utilities:** $19K
- **Health care:** $38K
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of Rantoul
- **Servicing:** Bank of Rantoul (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*