PPP Loan information for Jake's body shop inc

$85,700

Jake's body shop inc was initially approved for PPP Loan of amount $85,700, the current approved amount is $85,700. The loan was approved on 04/28/2020 by The First Merchants Bank reported 8 jobs and $85,700 was used to fund payroll.

Jake's body shop inc is Existing or more than 2 years old

JAKE'S BODY SHOP INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JAKE'S BODY SHOP INC

Borrower Address

6078 State Rd 144

Borrower City

Mooresville

Borrower State

IN

Borrower Zip

46158-7031

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85700.00

Current Approval Amount

85700.00

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

Mooresville

Project County Name

MORGAN

Project State

IN

Project Zip

46158-7031

CD

IN-04

Jobs Reported

8

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85700.00

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

86540.56

Forgiveness Date

04/28/2021

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