PPP Loan information for Crone lumber co., inc.

$198,500

Crone lumber co., inc. was initially approved for PPP Loan of amount $198,500, the current approved amount is $198,500. The loan was approved on 04/11/2020 by The Home Bank, SB reported 32 jobs and $198,500 was used to fund payroll.

Crone lumber co., inc. is Existing or more than 2 years old

CRONE LUMBER CO., INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CRONE LUMBER CO., INC.

Borrower Address

501 N. Park Ave

Borrower City

MARTINSVILLE

Borrower State

IN

Borrower Zip

46151-1093

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198500.00

Current Approval Amount

198500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84421

Servicing Lender Name

Home Bank, SB

Servicing Lender Address

59 W Washington St

Servicing Lender City

MARTINSVILLE

Servicing Lender State

IN

Servicing Lender Zip

46151-4521

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARTINSVILLE

Project County Name

MORGAN

Project State

IN

Project Zip

46151-1093

CD

IN-04

Jobs Reported

32

NAICS Code

321113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22934.99

Payroll Proceed

158800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5063.96

Debt Interest Proceed

11701.05

Business Type

Corporation

Originating Lender Location Id

84421

Originating Lender

Home Bank, SB

Originating Lender City

MARTINSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

200418.83

Forgiveness Date

03/31/2021

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