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 04/07/2020 by The Peoples Bank reported 60 jobs and $1,562,000 was used to fund payroll.

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

AREA SHEET METAL, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

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

06/16/2021

Loan Status

Paid in Full

Term

24

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

LAKE

Project State

IN

Project Zip

46342-4721

CD

IN-01

Jobs Reported

60

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1562000.00

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

1579160.60

Forgiveness Date

05/21/2021

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