PPP Loan information for Kankakee valley steel inc.

$185,405

Kankakee valley steel inc. was initially approved for PPP Loan of amount $185,405, the current approved amount is $185,405. The loan was approved on 02/24/2021 by The First Merchants Bank reported 25 jobs and $185,405 was used to fund payroll.

Kankakee valley steel inc. is Existing or more than 2 years old

PPP Loan Search / IN / VALPARAISO / Kankakee valley steel inc.

KANKAKEE VALLEY STEEL INC.

Date Approved

02/24/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KANKAKEE VALLEY STEEL INC.

Borrower Address

1151 West US Highway 30

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46385

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185405.00

Current Approval Amount

185405.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46385

CD

IN-01

Jobs Reported

25

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

185403.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186812.05

Forgiveness Date

12/06/2021

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