PPP Loan information for Ascot enterprises inc

$1,261,000

Ascot enterprises inc was initially approved for PPP Loan of amount $1,261,000, the current approved amount is $1,261,000. The loan was approved on 04/06/2020 by The Busey Bank reported 231 jobs and $1,261,000 was used to fund payroll.

Ascot enterprises inc is Existing or more than 2 years old

PPP Loan Search / IN / NAPPANEE / Ascot enterprises inc

ASCOT ENTERPRISES INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ASCOT ENTERPRISES INC

Borrower Address

503 South Main Street

Borrower City

NAPPANEE

Borrower State

IN

Borrower Zip

46550-2531

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1261000.00

Current Approval Amount

1261000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPPANEE

Project County Name

ELKHART

Project State

IN

Project Zip

46550-2531

CD

IN-02

Jobs Reported

231

NAICS Code

314120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

945750.00

Mortgage Interest Proceed

0.00

Rent Proceed

315250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1267978.68

Forgiveness Date

11/03/2020

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