PPP Loan information for Gross drainage inc

$25,300

Gross drainage inc was initially approved for PPP Loan of amount $25,300, the current approved amount is $25,300. The loan was approved on 04/27/2020 by The Farmers and Merchants Bank reported 4 jobs and $25,300 was used to fund payroll.

Gross drainage inc is Existing or more than 2 years old

GROSS DRAINAGE INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GROSS DRAINAGE INC

Borrower Address

5460 East 600 North

Borrower City

CHURUBUSCO

Borrower State

IN

Borrower Zip

46723-9750

Loan Status Date

11/28/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25300.00

Current Approval Amount

25300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23865

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

6464 Merchants Dr

Servicing Lender City

LAOTTO

Servicing Lender State

IN

Servicing Lender Zip

46763-9629

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHURUBUSCO

Project County Name

WHITLEY

Project State

IN

Project Zip

46723-9750

CD

IN-03

Jobs Reported

4

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25300.00

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

23865

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAOTTO

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25430.01

Forgiveness Date

11/02/2020

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