PPP Loan information for Hoosier industrial electric inc

$225,000

Hoosier industrial electric inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 02/17/2021 by The Jackson County Bank reported 14 jobs and $225,000 was used to fund payroll.

Hoosier industrial electric inc is Existing or more than 2 years old

PPP Loan Search / IN / North Vernon / Hoosier industrial electric inc

HOOSIER INDUSTRIAL ELECTRIC INC

Date Approved

02/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

HOOSIER INDUSTRIAL ELECTRIC INC

Borrower Address

1003 Rodgers Park Dr

Borrower City

North Vernon

Borrower State

IN

Borrower Zip

47265-6428

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

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

1.00

Payroll Proceed

224997.00

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

227168.75

Forgiveness Date

02/02/2022

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