PPP Loan information for Garrco products inc

$20,833

Garrco products inc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 06/26/2020 by The First Farmers Bank & Trust Co. reported 1 jobs and $20,833 was used to fund payroll.

Garrco products inc is Existing or more than 2 years old

GARRCO PRODUCTS INC

Date Approved

06/26/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GARRCO PRODUCTS INC

Borrower Address

202 W 3rd St

Borrower City

MARION

Borrower State

IN

Borrower Zip

46952-4031

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

GRANT

Project State

IN

Project Zip

46952-4031

CD

IN-05

Jobs Reported

1

NAICS Code

115116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20942.02

Forgiveness Date

01/08/2021

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