PPP Loan information for Arts place inc.

$71,312

Arts place inc. was initially approved for PPP Loan of amount $71,312, the current approved amount is $71,312. The loan was approved on 03/25/2021 by The First Merchants Bank reported 8 jobs and $71,312 was used to fund payroll.

Arts place inc. is Existing or more than 2 years old

ARTS PLACE INC.

Date Approved

03/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ARTS PLACE INC.

Borrower Address

131 E Walnut St

Borrower City

Portland

Borrower State

IN

Borrower Zip

47371-2108

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71312.00

Current Approval Amount

71312.00

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

Portland

Project County Name

JAY

Project State

IN

Project Zip

47371-2108

CD

IN-03

Jobs Reported

8

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71310.00

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

Sole Proprietorship

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71982.14

Forgiveness Date

03/14/2022

;