PPP Loan information for Hoosier industrial electric

$213,400

Hoosier industrial electric was initially approved for PPP Loan of amount $213,400, the current approved amount is $213,400. The loan was approved on 04/13/2020 by The Jackson County Bank reported 14 jobs and $213,400 was used to fund payroll.

Hoosier industrial electric is Existing or more than 2 years old

PPP Loan Search / IN / NORTH VERNON / Hoosier industrial electric

HOOSIER INDUSTRIAL ELECTRIC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HOOSIER INDUSTRIAL ELECTRIC

Borrower Address

1003 RODGERS PARK DR

Borrower City

NORTH VERNON

Borrower State

IN

Borrower Zip

47265-6428

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213400.00

Current Approval Amount

213400.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH VERNON

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-6428

CD

IN-09

Jobs Reported

14

NAICS Code

335122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

213400.00

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

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

214994.57

Forgiveness Date

01/19/2021

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