PPP Loan information for 80/20 inc

$3,909,000

80/20 inc was initially approved for PPP Loan of amount $3,909,000, the current approved amount is $3,909,000. The loan was approved on 04/05/2020 by The STAR Financial Bank reported 415 jobs and $3,909,000 was used to fund payroll.

80/20 inc is Existing or more than 2 years old

80/20 INC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

80/20 INC

Borrower Address

1701 South 400 East

Borrower City

COLUMBIA CITY

Borrower State

IN

Borrower Zip

46725-8753

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3909000.00

Current Approval Amount

3909000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA CITY

Project County Name

WHITLEY

Project State

IN

Project Zip

46725-8753

CD

IN-03

Jobs Reported

415

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

781800.00

Payroll Proceed

3127200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3954729.95

Forgiveness Date

06/17/2021

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