PPP Loan information for Banic drainage

$8,400

Banic drainage was initially approved for PPP Loan of amount $8,400, the current approved amount is $8,400. The loan was approved on 05/12/2020 by The DeMotte State Bank reported 1 jobs and $8,400 was used to fund payroll.

Banic drainage is Existing or more than 2 years old

BANIC DRAINAGE

Date Approved

05/12/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BANIC DRAINAGE

Borrower Address

9919 STATE ROAD 331

Borrower City

BOURBON

Borrower State

IN

Borrower Zip

46504-9676

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8400.00

Current Approval Amount

8400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23051

Servicing Lender Name

DeMotte State Bank

Servicing Lender Address

210 S Halleck St

Servicing Lender City

DEMOTTE

Servicing Lender State

IN

Servicing Lender Zip

46310-9595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOURBON

Project County Name

MARSHALL

Project State

IN

Project Zip

46504-9676

CD

IN-02

Jobs Reported

1

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8400.00

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

23051

Originating Lender

DeMotte State Bank

Originating Lender City

DEMOTTE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8433.83

Forgiveness Date

10/13/2020

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