PPP Loan information for Contractors outlet inc

$99,700

Contractors outlet inc was initially approved for PPP Loan of amount $99,700, the current approved amount is $99,700. The loan was approved on 04/28/2020 by The First Merchants Bank reported 10 jobs and $99,700 was used to fund payroll.

Contractors outlet inc is Existing or more than 2 years old

CONTRACTORS OUTLET INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CONTRACTORS OUTLET INC

Borrower Address

24459 VAN BORN

Borrower City

TAYLOR

Borrower State

MI

Borrower Zip

48180-1224

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99700.00

Current Approval Amount

99700.00

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

TAYLOR

Project County Name

WAYNE

Project State

MI

Project Zip

48180-1224

CD

MI-13

Jobs Reported

10

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99700.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100587.74

Forgiveness Date

03/23/2021

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