PPP Loan information for Industrial electrical systems inc

$326,100

Industrial electrical systems inc was initially approved for PPP Loan of amount $326,100, the current approved amount is $326,100. The loan was approved on 04/28/2020 by The Old National Bank reported 15 jobs and $326,100 was used to fund payroll.

Industrial electrical systems inc is Existing or more than 2 years old

PPP Loan Search / IN / LAFAYETTE / Industrial electrical systems inc

INDUSTRIAL ELECTRICAL SYSTEMS INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INDUSTRIAL ELECTRICAL SYSTEMS INC

Borrower Address

5500 State Rd 38 E

Borrower City

LAFAYETTE

Borrower State

IN

Borrower Zip

47905-9405

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326100.00

Current Approval Amount

326100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47905-9405

CD

IN-04

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

326100.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

328306.76

Forgiveness Date

01/08/2021

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