PPP Loan information for Butterworth industries

$1,109,427

Butterworth industries was initially approved for PPP Loan of amount $1,109,427, the current approved amount is $1,109,427. The loan was approved on 03/20/2021 by The Northwest Bank reported 162 jobs and $1,109,427 was used to fund payroll.

Butterworth industries is Existing or more than 2 years old

BUTTERWORTH INDUSTRIES

Date Approved

03/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BUTTERWORTH INDUSTRIES

Borrower Address

5050 Eastside Parkway Dr

Borrower City

Gas City

Borrower State

IN

Borrower Zip

46933-1645

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1109427.07

Current Approval Amount

1109427.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gas City

Project County Name

GRANT

Project State

IN

Project Zip

46933-1645

CD

IN-05

Jobs Reported

162

NAICS Code

315280

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1109427.07

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1120156.60

Forgiveness Date

03/11/2022

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