PPP Loan information for Hochstetler grain equipment inc

$477,200

Hochstetler grain equipment inc was initially approved for PPP Loan of amount $477,200, the current approved amount is $477,200. The loan was approved on 04/07/2020 by The Lake City Bank reported 37 jobs and $477,200 was used to fund payroll.

Hochstetler grain equipment inc is Existing or more than 2 years old

HOCHSTETLER GRAIN EQUIPMENT INC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HOCHSTETLER GRAIN EQUIPMENT INC

Borrower Address

355 TOMAHAWK TRL

Borrower City

NAPPANEE

Borrower State

IN

Borrower Zip

46550-9466

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

477200.00

Current Approval Amount

477200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPPANEE

Project County Name

ELKHART

Project State

IN

Project Zip

46550-9466

CD

IN-02

Jobs Reported

37

NAICS Code

423820

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

16004.37

Payroll Proceed

422376.17

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31319.46

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

469977.24

Forgiveness Date

11/17/2020

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