AMERICAN PLASTIC TOYS INC (MI) - 2020 PPP Loan Borrower Profile (# 5913988402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN PLASTIC TOYS 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 Michigan.

Loan Detail

Loan Number

5913988402

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Feb 9, 2021

Amount Forgiven

$2,021,832.22

Date Loan was Forgiven

Mar 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,997

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

339930

Borrower Location

Walled Lake, MI

Project Location

Walled Lake, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

298

Business Age Description

Existing or more than 2 years old

Data Source: SBA.