PPP Loan information for Buchanan mechanical inc

$245,836

Buchanan mechanical inc was initially approved for PPP Loan of amount $245,836, the current approved amount is $245,836. The loan was approved on 02/12/2021 by The German American Bank reported 25 jobs and $245,836 was used to fund payroll.

Buchanan mechanical inc is Existing or more than 2 years old

PPP Loan Search / IN / Washington / Buchanan mechanical inc

BUCHANAN MECHANICAL INC

Date Approved

02/12/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BUCHANAN MECHANICAL INC

Borrower Address

368 S 150 W

Borrower City

Washington

Borrower State

IN

Borrower Zip

47501-3477

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245835.65

Current Approval Amount

245835.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DAVIESS

Project State

IN

Project Zip

47501-3477

CD

IN-08

Jobs Reported

25

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

245832.65

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247391.49

Forgiveness Date

10/06/2021

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