# PPP loan: CASHION THERMOPLASTICS, INC.
> **$150K** approved 04/28/2020 · Paid in Full · Loan `7779347203`
## Borrower
- **Name:** CASHION THERMOPLASTICS, INC.
- **Address:** 400 PO BOX, RED BAY, AL, 35582-0400
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Utilities:** $30K
- **Health care:** $4K
- **Jobs reported:** 22
## Lender
- **Originating:** Valley State Bank
- **Servicing:** Valley State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*