PPP Loan information for Bmi corp

$1,001,400

Bmi corp was initially approved for PPP Loan of amount $1,001,400, the current approved amount is $1,001,400. The loan was approved on 03/20/2021 by The Kentland Bank reported 130 jobs and $1,001,400 was used to fund payroll.

Bmi corp is Existing or more than 2 years old

BMI CORP

Date Approved

03/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BMI CORP

Borrower Address

701 Erie St

Borrower City

Lafayette

Borrower State

IN

Borrower Zip

47904-2153

Loan Status Date

06/01/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1001400.00

Current Approval Amount

1001400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23802

Servicing Lender Name

Kentland Bank

Servicing Lender Address

111 N 4th St

Servicing Lender City

KENTLAND

Servicing Lender State

IN

Servicing Lender Zip

47951-1215

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47904-2153

CD

IN-04

Jobs Reported

130

NAICS Code

238140

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1001398.00

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

23802

Originating Lender

Kentland Bank

Originating Lender City

KENTLAND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

890122.24

Forgiveness Date

03/27/2023

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