PPP Loan information for Benore logistic systems

$10,000,000

Benore logistic systems was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/14/2020 by The First Merchants Bank reported 500 jobs and $10,000,000 was used to fund payroll.

Benore logistic systems is Existing or more than 2 years old

BENORE LOGISTIC SYSTEMS

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BENORE LOGISTIC SYSTEMS

Borrower Address

2500 ERIE RD

Borrower City

ERIE

Borrower State

MI

Borrower Zip

48133-9760

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

ERIE

Project County Name

MONROE

Project State

MI

Project Zip

48133-9760

CD

MI-05

Jobs Reported

500

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

Limited Liability Company(LLC)

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

10113972.60

Forgiveness Date

06/11/2021

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