PPP Loan information for Bomar foods, inc.

$612,000

Bomar foods, inc. was initially approved for PPP Loan of amount $612,000, the current approved amount is $612,000. The loan was approved on 04/08/2020 by The First Merchants Bank reported 110 jobs and $612,000 was used to fund payroll.

Bomar foods, inc. is Existing or more than 2 years old

BOMAR FOODS, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BOMAR FOODS, INC.

Borrower Address

PO BOX 4338

Borrower City

LAFAYETTE

Borrower State

IN

Borrower Zip

47903-4338

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612000.00

Current Approval Amount

612000.00

Undisbursed Amount

0.00

Franchise Name

Wendy's

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47903-4338

CD

IN-04

Jobs Reported

110

NAICS Code

722110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

612000.00

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

Subchapter S Corporation

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

619712.88

Forgiveness Date

07/21/2021

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