PPP Loan information for Economy machine products, inc

$210,100

Economy machine products, inc was initially approved for PPP Loan of amount $210,100, the current approved amount is $210,100. The loan was approved on 04/14/2020 by The Old National Bank reported 20 jobs and $210,100 was used to fund payroll.

Economy machine products, inc is Existing or more than 2 years old

ECONOMY MACHINE PRODUCTS, INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ECONOMY MACHINE PRODUCTS, INC

Borrower Address

9492 N US HIGHWAY 24

Borrower City

ROANOKE

Borrower State

IN

Borrower Zip

46783-9489

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210100.00

Current Approval Amount

210100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

HUNTINGTON

Project State

IN

Project Zip

46783-9489

CD

IN-03

Jobs Reported

20

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

210100.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201388.32

Forgiveness Date

12/21/2020

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