# PPP loan: DESTINY PLASTICS INCORPORATED
> **$340K** approved 01/31/2021 · Paid in Full · Loan `9660498309`
## Borrower
- **Name:** DESTINY PLASTICS INCORPORATED
- **Address:** 2121 Stoutenberg Rd., Deckerville, MI, 48427
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $339K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Thumb Bank and Trust
- **Servicing:** Thumb Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*