PPP Loan information for Foster electric inc.

$60,000

Foster electric inc. was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/15/2020 by The Centier Bank reported 5 jobs and $60,000 was used to fund payroll.

Foster electric inc. is Existing or more than 2 years old

FOSTER ELECTRIC INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FOSTER ELECTRIC INC.

Borrower Address

8344 KENNEDY AVE

Borrower City

HIGHLAND

Borrower State

IN

Borrower Zip

46322-1137

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24502

Servicing Lender Name

Centier Bank

Servicing Lender Address

1500 119th St

Servicing Lender City

WHITING

Servicing Lender State

IN

Servicing Lender Zip

46394-1733

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIGHLAND

Project County Name

LAKE

Project State

IN

Project Zip

46322-1137

CD

IN-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

24502

Originating Lender

Centier Bank

Originating Lender City

WHITING

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60512.88

Forgiveness Date

03/10/2021

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