A1 PLASTIC BAGS (NJ) - 2020 PPP Loan Borrower Profile (# 4639097706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A1 PLASTIC BAGS. 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 New Jersey.

Loan Detail

Loan Number

4639097706

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$199,119

Date Loan was Approved

May 1, 2020

Amount Forgiven

$202,026.68

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

199,119

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

326111

Borrower Location

NEWARK, NJ

Project Location

NEWARK, NJ

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.