PPP Loan information for Industrial transmission equipment inc

$243,090

Industrial transmission equipment inc was initially approved for PPP Loan of amount $243,090, the current approved amount is $243,090. The loan was approved on 02/10/2021 by The Lake City Bank reported 16 jobs and $243,090 was used to fund payroll.

Industrial transmission equipment inc is Existing or more than 2 years old

PPP Loan Search / IN / Plymouth / Industrial transmission equipment inc

INDUSTRIAL TRANSMISSION EQUIPMENT INC

Date Approved

02/10/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

INDUSTRIAL TRANSMISSION EQUIPMENT INC

Borrower Address

2033 Western Ave

Borrower City

Plymouth

Borrower State

IN

Borrower Zip

46563-1041

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243090.00

Current Approval Amount

243090.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

MARSHALL

Project State

IN

Project Zip

46563-1041

CD

IN-02

Jobs Reported

16

NAICS Code

333613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

243086.00

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

Cooperative

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245095.49

Forgiveness Date

12/07/2021

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