PPP Loan information for Classic products corp

$1,013,000

Classic products corp was initially approved for PPP Loan of amount $1,013,000, the current approved amount is $1,013,000. The loan was approved on 04/05/2020 by The Lake City Bank reported 104 jobs and $1,013,000 was used to fund payroll.

Classic products corp is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / Classic products corp

CLASSIC PRODUCTS CORP

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CLASSIC PRODUCTS CORP

Borrower Address

4617 INDUSTRIAL RD

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46825-5205

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1013000.00

Current Approval Amount

1013000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46825-5205

CD

IN-03

Jobs Reported

104

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

84364.00

Payroll Proceed

652604.00

Mortgage Interest Proceed

0.00

Rent Proceed

146418.00

Refinance EIDL Proceed

0.00

Health Care Proceed

107152.00

Debt Interest Proceed

22462

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1023439.53

Forgiveness Date

04/20/2021

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