PPP Loan information for Gary material supply, llc

$515,187

Gary material supply, llc was initially approved for PPP Loan of amount $623,707, the current approved amount is $515,187. The loan was approved on 04/08/2020 by The Horizon Bank reported 21 jobs and $515,187 was used to fund payroll.

Gary material supply, llc is Existing or more than 2 years old

GARY MATERIAL SUPPLY, LLC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GARY MATERIAL SUPPLY, LLC

Borrower Address

7318 WEST 15TH AVE

Borrower City

GARY

Borrower State

IN

Borrower Zip

46406-2264

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

623707.00

Current Approval Amount

515187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46406-2264

CD

IN-01

Jobs Reported

21

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

51518.70

Payroll Proceed

412149.60

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

51518.7

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

521171.64

Forgiveness Date

06/15/2021

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