# PPP loan: INDEPENDENT PLASTIC INC
> **$431K** approved 04/15/2020 · Paid in Full · Loan `9234577103`
## Borrower
- **Name:** INDEPENDENT PLASTIC INC
- **Address:** 6611 Petropark Dr, HOUSTON, TX, 77041-4924
- **NAICS:** 424610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $459K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Jobs reported:** 22
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*