PPP Loan information for Hobson tool and machine co.

$157,379

Hobson tool and machine co. was initially approved for PPP Loan of amount $157,379, the current approved amount is $157,379. The loan was approved on 03/20/2021 by The Jackson County Bank reported 18 jobs and $157,379 was used to fund payroll.

Hobson tool and machine co. is Existing or more than 2 years old

PPP Loan Search / IN / Franklin / Hobson tool and machine co.

HOBSON TOOL AND MACHINE CO.

Date Approved

03/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

HOBSON TOOL AND MACHINE CO.

Borrower Address

3061 N Morton St

Borrower City

Franklin

Borrower State

IN

Borrower Zip

46131-9662

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157379.00

Current Approval Amount

157379.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24181

Servicing Lender Name

Jackson County Bank

Servicing Lender Address

125 S Chestnut St

Servicing Lender City

SEYMOUR

Servicing Lender State

IN

Servicing Lender Zip

47274-2301

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-9662

CD

IN-06

Jobs Reported

18

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157379.00

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

24181

Originating Lender

Jackson County Bank

Originating Lender City

SEYMOUR

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158157.15

Forgiveness Date

09/17/2021

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