PPP Loan information for Area sheet metal inc

$1,562,000

Area sheet metal inc was initially approved for PPP Loan of amount $1,562,000, the current approved amount is $1,562,000. The loan was approved on 02/05/2021 by The Peoples Bank reported 57 jobs and $1,562,000 was used to fund payroll.

Area sheet metal inc is Existing or more than 2 years old

PPP Loan Search / IN / Hobart / Area sheet metal inc

AREA SHEET METAL INC

Date Approved

02/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

AREA SHEET METAL INC

Borrower Address

409 S Shelby St

Borrower City

Hobart

Borrower State

IN

Borrower Zip

46342-4721

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1562000.00

Current Approval Amount

1562000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hobart

Project County Name

PORTER

Project State

IN

Project Zip

46342-4721

CD

IN-01

Jobs Reported

57

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1561995.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1572998.19

Forgiveness Date

10/26/2021

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