PPP Loan information for Economy machine products inc.

$220,472

Economy machine products inc. was initially approved for PPP Loan of amount $220,472, the current approved amount is $220,472. The loan was approved on 02/13/2021 by The Old National Bank reported 20 jobs and $220,472 was used to fund payroll.

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

PPP Loan Search / IN / Roanoke / Economy machine products inc.

ECONOMY MACHINE PRODUCTS INC.

Date Approved

02/13/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ECONOMY MACHINE PRODUCTS INC.

Borrower Address

9492 N US Highway 24 E

Borrower City

Roanoke

Borrower State

IN

Borrower Zip

46783-9489

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220472.17

Current Approval Amount

220472.17

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

1.00

Payroll Proceed

220467.17

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222894.34

Forgiveness Date

03/25/2022

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