PPP Loan information for Converse electric

$1,021,200

Converse electric was initially approved for PPP Loan of amount $1,090,100, the current approved amount is $1,021,200. The loan was approved on 04/06/2020 by The Heartland Bank reported 75 jobs and $1,021,200 was used to fund payroll.

Converse electric is Existing or more than 2 years old

PPP Loan Search / OH / GROVE CITY / Converse electric

CONVERSE ELECTRIC

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

CONVERSE ELECTRIC

Borrower Address

3783 Gantz Rd

Borrower City

GROVE CITY

Borrower State

OH

Borrower Zip

43123-1891

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1090100.00

Current Approval Amount

1021200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57467

Servicing Lender Name

Heartland Bank

Servicing Lender Address

430 N Hamilton Rd

Servicing Lender City

WHITEHALL

Servicing Lender State

OH

Servicing Lender Zip

43213-3067

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GROVE CITY

Project County Name

FRANKLIN

Project State

OH

Project Zip

43123-1891

CD

OH-15

Jobs Reported

75

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

970140.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51060.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57467

Originating Lender

Heartland Bank

Originating Lender City

WHITEHALL

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1034909.26

Forgiveness Date

08/20/2021

;