PPP Loan information for Banks hardwoods inc.

$1,535,200

Banks hardwoods inc. was initially approved for PPP Loan of amount $1,535,200, the current approved amount is $1,535,200. The loan was approved on 04/08/2020 by The 1st Source Bank reported 118 jobs and $1,535,200 was used to fund payroll.

Banks hardwoods inc. is Existing or more than 2 years old

BANKS HARDWOODS INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BANKS HARDWOODS INC.

Borrower Address

69937 M-103

Borrower City

WHITE PIGEON

Borrower State

MI

Borrower Zip

49099-9449

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1535200.00

Current Approval Amount

1535200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE PIGEON

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49099-9449

CD

MI-06

Jobs Reported

118

NAICS Code

321912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1535200.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1543814.18

Forgiveness Date

11/03/2020

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