PPP Loan information for Davis tool & machine inc.

$114,169

Davis tool & machine inc. was initially approved for PPP Loan of amount $114,169, the current approved amount is $114,169. The loan was approved on 02/07/2021 by The First Merchants Bank reported 10 jobs and $114,169 was used to fund payroll.

Davis tool & machine inc. is Existing or more than 2 years old

DAVIS TOOL & MACHINE INC.

Date Approved

02/07/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DAVIS TOOL & MACHINE INC.

Borrower Address

19224 Eagletown Rd

Borrower City

Westfield

Borrower State

IN

Borrower Zip

46074-9228

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114169.17

Current Approval Amount

114169.17

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

N

Business Age Description

Existing or more than 2 years old

Project City

Westfield

Project County Name

HAMILTON

Project State

IN

Project Zip

46074-9228

CD

IN-05

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

114167.17

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114575.80

Forgiveness Date

06/23/2021

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