PPP Loan information for Engineered conveyors inc

$230,000

Engineered conveyors inc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/28/2020 by The Community First Bank of Indiana reported 20 jobs and $230,000 was used to fund payroll.

Engineered conveyors inc is Existing or more than 2 years old

PPP Loan Search / IN / KOKOMO / Engineered conveyors inc

ENGINEERED CONVEYORS INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ENGINEERED CONVEYORS INC

Borrower Address

1055 S. Home Avenue

Borrower City

KOKOMO

Borrower State

IN

Borrower Zip

46902-1624

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317699

Servicing Lender Name

Community First Bank of Indiana

Servicing Lender Address

201 W Sycamore St

Servicing Lender City

KOKOMO

Servicing Lender State

IN

Servicing Lender Zip

46901-4630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KOKOMO

Project County Name

HOWARD

Project State

IN

Project Zip

46902-1624

CD

IN-05

Jobs Reported

20

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

317699

Originating Lender

Community First Bank of Indiana

Originating Lender City

KOKOMO

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232489.04

Forgiveness Date

06/01/2021

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