# PPP loan: COLONIE PLASTICS CORP
> **$344K** approved 04/08/2020 · Paid in Full · Loan `8567327004`
## Borrower
- **Name:** COLONIE PLASTICS CORP
- **Address:** 188 Candlewood Road, BAY SHORE, NY, 11706-2219
- **NAICS:** 326160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $69K
- **Jobs reported:** 34
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*