PPP Loan information for Jack sater electric inc.

$100,567

Jack sater electric inc. was initially approved for PPP Loan of amount $100,567, the current approved amount is $100,567. The loan was approved on 02/13/2021 by The First Merchants Bank reported 4 jobs and $100,567 was used to fund payroll.

Jack sater electric inc. is Existing or more than 2 years old

JACK SATER ELECTRIC INC.

Date Approved

02/13/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

JACK SATER ELECTRIC INC.

Borrower Address

14416 W Main St

Borrower City

Daleville

Borrower State

IN

Borrower Zip

47334-9760

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100567.20

Current Approval Amount

100567.20

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Daleville

Project County Name

DELAWARE

Project State

IN

Project Zip

47334-9760

CD

IN-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100567.20

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

Unanswered

Non Profit

Forgiveness Amount

101038.35

Forgiveness Date

08/10/2021

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