PPP Loan information for Industrial inspection company

$586,290

Industrial inspection company was initially approved for PPP Loan of amount $586,290, the current approved amount is $586,290. The loan was approved on 02/01/2021 by The First Merchants Bank reported 48 jobs and $586,290 was used to fund payroll.

Industrial inspection company is Existing or more than 2 years old

PPP Loan Search / MI / Monroe / Industrial inspection company

INDUSTRIAL INSPECTION COMPANY

Date Approved

02/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INDUSTRIAL INSPECTION COMPANY

Borrower Address

399 Detroit Ave

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48162-2538

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

586290.00

Current Approval Amount

586290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MONROE

Project State

MI

Project Zip

48162-2538

CD

MI-05

Jobs Reported

48

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

586288.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

590578.75

Forgiveness Date

11/03/2021

;