PPP Loan information for Hibshman screw machine products, inc.

$207,000

Hibshman screw machine products, inc. was initially approved for PPP Loan of amount $207,000, the current approved amount is $207,000. The loan was approved on 04/06/2020 by The 1st Source Bank reported 17 jobs and $207,000 was used to fund payroll.

Hibshman screw machine products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / UNION / Hibshman screw machine products, inc.

HIBSHMAN SCREW MACHINE PRODUCTS, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HIBSHMAN SCREW MACHINE PRODUCTS, INC.

Borrower Address

69351 Union Road

Borrower City

UNION

Borrower State

MI

Borrower Zip

49130-9760

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207000.00

Current Approval Amount

207000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION

Project County Name

CASS

Project State

MI

Project Zip

49130-9760

CD

MI-06

Jobs Reported

17

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

208771.00

Forgiveness Date

02/19/2021

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