PPP Loan information for Demotte carpet inc

$41,900

Demotte carpet inc was initially approved for PPP Loan of amount $41,900, the current approved amount is $41,900. The loan was approved on 02/10/2021 by The Kentland Bank reported 8 jobs and $41,900 was used to fund payroll.

Demotte carpet inc is Existing or more than 2 years old

PPP Loan Search / IN / Demotte / Demotte carpet inc

DEMOTTE CARPET INC

Date Approved

02/10/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DEMOTTE CARPET INC

Borrower Address

12160 Industry Dr

Borrower City

Demotte

Borrower State

IN

Borrower Zip

46310-8493

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41900.00

Current Approval Amount

41900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23802

Servicing Lender Name

Kentland Bank

Servicing Lender Address

111 N 4th St

Servicing Lender City

KENTLAND

Servicing Lender State

IN

Servicing Lender Zip

47951-1215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Demotte

Project County Name

JASPER

Project State

IN

Project Zip

46310-8493

CD

IN-04

Jobs Reported

8

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41895.00

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

Subchapter S Corporation

Originating Lender Location Id

23802

Originating Lender

Kentland Bank

Originating Lender City

KENTLAND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42249.17

Forgiveness Date

01/06/2022

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