PPP Loan information for American geothermal inc

$8,954

American geothermal inc was initially approved for PPP Loan of amount $8,954, the current approved amount is $8,954. The loan was approved on 03/26/2021 by The First Merchants Bank reported 2 jobs and $8,954 was used to fund payroll.

American geothermal inc is Existing or more than 2 years old

AMERICAN GEOTHERMAL INC

Date Approved

03/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

AMERICAN GEOTHERMAL INC

Borrower Address

304 Oak Dr

Borrower City

Monticello

Borrower State

IN

Borrower Zip

47960-2547

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8953.75

Current Approval Amount

8953.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

WHITE

Project State

IN

Project Zip

47960-2547

CD

IN-04

Jobs Reported

2

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

8952.75

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9029.80

Forgiveness Date

02/07/2022

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