PPP Loan information for Direct conveyors llc

$360,518

Direct conveyors llc was initially approved for PPP Loan of amount $360,518, the current approved amount is $360,518. The loan was approved on 02/06/2021 by The Mutual Savings Bank reported 27 jobs and $360,518 was used to fund payroll.

Direct conveyors llc is Existing or more than 2 years old

DIRECT CONVEYORS LLC

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DIRECT CONVEYORS LLC

Borrower Address

551 Earlywood Dr

Borrower City

Franklin

Borrower State

IN

Borrower Zip

46131-9712

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

360517.50

Current Approval Amount

360517.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77834

Servicing Lender Name

Mutual Savings Bank

Servicing Lender Address

80 E Jefferson St

Servicing Lender City

FRANKLIN

Servicing Lender State

IN

Servicing Lender Zip

46131-2321

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-9712

CD

IN-06

Jobs Reported

27

NAICS Code

333922

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

360512.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

77834

Originating Lender

Mutual Savings Bank

Originating Lender City

FRANKLIN

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

362206.50

Forgiveness Date

08/03/2021

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