BAMAR PLASTICS, INC (IN) - 2020 PPP Loan Borrower Profile (# 3058087101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAMAR PLASTICS, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

3058087101

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$189,800

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$190,962.41

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

47,450

Payroll Proced

142,350

Lender

First State Bank of Middlebury

Business Detail

Business Type

Corporation

NAICS

326199

Borrower Location

SOUTH BEND, IN

Project Location

SOUTH BEND, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.