PPP Loan information for Api construction corporation

$605,500

Api construction corporation was initially approved for PPP Loan of amount $605,500, the current approved amount is $605,500. The loan was approved on 04/11/2020 by The Farmers and Merchants Bank reported 32 jobs and $605,500 was used to fund payroll.

Api construction corporation is Existing or more than 2 years old

PPP Loan Search / IN / LAOTTO / Api construction corporation

API CONSTRUCTION CORPORATION

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

API CONSTRUCTION CORPORATION

Borrower Address

11808 SR 205 E

Borrower City

LAOTTO

Borrower State

IN

Borrower Zip

46763-0191

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

605500.00

Current Approval Amount

605500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23865

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

6464 Merchants Dr

Servicing Lender City

LAOTTO

Servicing Lender State

IN

Servicing Lender Zip

46763-9629

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAOTTO

Project County Name

NOBLE

Project State

IN

Project Zip

46763-0191

CD

IN-03

Jobs Reported

32

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

605500.00

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

Corporation

Originating Lender Location Id

23865

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAOTTO

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

611353.17

Forgiveness Date

03/31/2021

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