PPP Loan information for Elm plating co.

$1,902,357

Elm plating co. was initially approved for PPP Loan of amount $1,902,357, the current approved amount is $1,902,357. The loan was approved on 01/20/2021 by The First Merchants Bank reported 180 jobs and $1,902,357 was used to fund payroll.

Elm plating co. is Existing or more than 2 years old

PPP Loan Search / MI / Jackson / Elm plating co.

ELM PLATING CO.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELM PLATING CO.

Borrower Address

1319 S Elm Ave

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49203-3307

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1902357.25

Current Approval Amount

1902357.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49203-3307

CD

MI-05

Jobs Reported

180

NAICS Code

332813

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1902356.25

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1919817.24

Forgiveness Date

12/29/2021

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