PPP Loan information for Area excavating inc.

$18,145

Area excavating inc. was initially approved for PPP Loan of amount $18,145, the current approved amount is $18,145. The loan was approved on 04/13/2021 by The The First National Bank of Monterey reported 1 jobs and $18,145 was used to fund payroll.

Area excavating inc. is Existing or more than 2 years old

AREA EXCAVATING INC.

Date Approved

04/13/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

AREA EXCAVATING INC.

Borrower Address

499 W US Highway 30

Borrower City

Hamlet

Borrower State

IN

Borrower Zip

46532-9605

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18145.00

Current Approval Amount

18145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23984

Servicing Lender Name

The First National Bank of Monterey

Servicing Lender Address

6222 E Main St

Servicing Lender City

MONTEREY

Servicing Lender State

IN

Servicing Lender Zip

46960-9430

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamlet

Project County Name

LA PORTE

Project State

IN

Project Zip

46532-9605

CD

IN-02

Jobs Reported

1

NAICS Code

212321

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

18142.00

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

23984

Originating Lender

The First National Bank of Monterey

Originating Lender City

MONTEREY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18225.04

Forgiveness Date

09/27/2021

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