PPP Loan information for Industrial transmission equipment inc

$130,000

Industrial transmission equipment inc was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 04/28/2020 by The Lake City Bank reported 9 jobs and $130,000 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

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INDUSTRIAL TRANSMISSION EQUIPMENT INC

Borrower Address

2033 Western Ave

Borrower City

PLYMOUTH

Borrower State

IN

Borrower Zip

46563-1041

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

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

9

NAICS Code

333613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9220.00

Payroll Proceed

89280.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31500.00

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

131513.06

Forgiveness Date

06/30/2021

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