PPP Loan information for Decatur mold tool & engineering inc

$1,951,200

Decatur mold tool & engineering inc was initially approved for PPP Loan of amount $1,951,200, the current approved amount is $1,951,200. The loan was approved on 02/12/2021 by The German American Bank reported 125 jobs and $1,951,200 was used to fund payroll.

Decatur mold tool & engineering inc is Existing or more than 2 years old

PPP Loan Search / IN / North Vernon / Decatur mold tool & engineering inc

DECATUR MOLD TOOL & ENGINEERING INC

Date Approved

02/12/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DECATUR MOLD TOOL & ENGINEERING INC

Borrower Address

3330 N State Highway 7

Borrower City

North Vernon

Borrower State

IN

Borrower Zip

47265-7491

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1951200.00

Current Approval Amount

1951200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Vernon

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-7491

CD

IN-09

Jobs Reported

125

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1951197.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1964243.64

Forgiveness Date

10/19/2021

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