PPP Loan information for Erect-tec inc

$46,500

Erect-tec inc was initially approved for PPP Loan of amount $46,500, the current approved amount is $46,500. The loan was approved on 03/02/2021 by The Crossroads Bank reported 7 jobs and $46,500 was used to fund payroll.

Erect-tec inc is Existing or more than 2 years old

PPP Loan Search / IN / Wabash / Erect-tec inc

ERECT-TEC INC

Date Approved

03/02/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ERECT-TEC INC

Borrower Address

212 N Wabash St

Borrower City

Wabash

Borrower State

IN

Borrower Zip

46992-2718

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46500.00

Current Approval Amount

46500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84342

Servicing Lender Name

Crossroads Bank

Servicing Lender Address

1205 N Cass St

Servicing Lender City

WABASH

Servicing Lender State

IN

Servicing Lender Zip

46992-1027

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wabash

Project County Name

WABASH

Project State

IN

Project Zip

46992-2718

CD

IN-02

Jobs Reported

7

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46500.00

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

84342

Originating Lender

Crossroads Bank

Originating Lender City

WABASH

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47069.63

Forgiveness Date

05/25/2022

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