# PPP loan: PLASTIC COMPOUNDERS, INC.
> **$180K** approved 04/08/2020 · Paid in Full · Loan `7876677003`
## Borrower
- **Name:** PLASTIC COMPOUNDERS, INC.
- **Address:** 1125 Utica Way, CAMBRIDGE, OH, 43725-2578
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $283K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Health care:** $10K
- **Jobs reported:** 26
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*