PPP Loan information for I-70 wrecker service & garage

$160,633

I-70 wrecker service & garage was initially approved for PPP Loan of amount $202,312, the current approved amount is $160,633. The loan was approved on 04/14/2020 by The Horizon Bank reported 17 jobs and $160,633 was used to fund payroll.

I-70 wrecker service & garage is Existing or more than 2 years old

I-70 WRECKER SERVICE & GARAGE

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

I-70 WRECKER SERVICE & GARAGE

Borrower Address

8769 S St. Rd. 67

Borrower City

CAMBY

Borrower State

IN

Borrower Zip

46113

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202312.00

Current Approval Amount

160633.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBY

Project County Name

MORGAN

Project State

IN

Project Zip

46113-0001

CD

IN-06

Jobs Reported

17

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128506.00

Mortgage Interest Proceed

8031.00

Rent Proceed

8031.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8031.00

Debt Interest Proceed

8034

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162133.71

Forgiveness Date

04/08/2021

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