PPP Loan information for Cardinal equipment co. inc.

$111,317

Cardinal equipment co. inc. was initially approved for PPP Loan of amount $111,317, the current approved amount is $111,317. The loan was approved on 02/16/2021 by The First Merchants Bank reported 70 jobs and $111,317 was used to fund payroll.

Cardinal equipment co. inc. is Existing or more than 2 years old

CARDINAL EQUIPMENT CO. INC.

Date Approved

02/16/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CARDINAL EQUIPMENT CO. INC.

Borrower Address

585 Sayre Ct

Borrower City

Greenwood

Borrower State

IN

Borrower Zip

46143-9767

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111317.00

Current Approval Amount

111317.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

JOHNSON

Project State

IN

Project Zip

46143-9767

CD

IN-06

Jobs Reported

70

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111312.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112061.15

Forgiveness Date

10/26/2021

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