PPP Loan information for Carmelite home for girls

$774,593

Carmelite home for girls was initially approved for PPP Loan of amount $774,593, the current approved amount is $774,593. The loan was approved on 02/09/2021 by The First Merchants Bank reported 90 jobs and $774,593 was used to fund payroll.

Carmelite home for girls is Existing or more than 2 years old

CARMELITE HOME FOR GIRLS

Date Approved

02/09/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CARMELITE HOME FOR GIRLS

Borrower Address

4840 Grasselli St

Borrower City

East Chicago

Borrower State

IN

Borrower Zip

46312-3503

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

774592.50

Current Approval Amount

774592.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Chicago

Project County Name

LAKE

Project State

IN

Project Zip

46312-3503

CD

IN-01

Jobs Reported

90

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

774591.50

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

Non-Profit Organization

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

779346.16

Forgiveness Date

09/29/2021

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