PPP Loan information for Label tech, inc

$297,800

Label tech, inc was initially approved for PPP Loan of amount $297,800, the current approved amount is $297,800. The loan was approved on 04/15/2020 by The Northwest Bank reported 29 jobs and $297,800 was used to fund payroll.

Label tech, inc is Existing or more than 2 years old

LABEL TECH, INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LABEL TECH, INC

Borrower Address

2601 MADISON ST

Borrower City

MUNCIE

Borrower State

IN

Borrower Zip

47302-5603

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297800.00

Current Approval Amount

297800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUNCIE

Project County Name

DELAWARE

Project State

IN

Project Zip

47302-5603

CD

IN-05

Jobs Reported

29

NAICS Code

323113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

297800.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

299594.96

Forgiveness Date

11/25/2020

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