PPP Loan information for J & r machine inc

$143,400

J & r machine inc was initially approved for PPP Loan of amount $143,400, the current approved amount is $143,400. The loan was approved on 04/14/2020 by The 1st Source Bank reported 11 jobs and $143,400 was used to fund payroll.

J & r machine inc is Existing or more than 2 years old

PPP Loan Search / IN / HEBRON / J & r machine inc

J & R MACHINE INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

J & R MACHINE INC

Borrower Address

2 Costin Drive

Borrower City

HEBRON

Borrower State

IN

Borrower Zip

46341

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143400.00

Current Approval Amount

143400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HEBRON

Project County Name

PORTER

Project State

IN

Project Zip

46341-0001

CD

IN-01

Jobs Reported

11

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143400.00

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

Subchapter S Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

144216.58

Forgiveness Date

11/13/2020

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