PPP Loan information for Lagrange county economic development corporation

$36,600

Lagrange county economic development corporation was initially approved for PPP Loan of amount $36,600, the current approved amount is $36,600. The loan was approved on 02/14/2021 by The Farmers State Bank reported 2 jobs and $36,600 was used to fund payroll.

Lagrange county economic development corporation is Existing or more than 2 years old

LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

02/14/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

304 N Townline Rd

Borrower City

Lagrange

Borrower State

IN

Borrower Zip

46761-1326

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36600.00

Current Approval Amount

36600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23855

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

220 S Detroit St

Servicing Lender City

LAGRANGE

Servicing Lender State

IN

Servicing Lender Zip

46761-1808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lagrange

Project County Name

LAGRANGE

Project State

IN

Project Zip

46761-1326

CD

IN-03

Jobs Reported

2

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

36597.00

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

Non-Profit Organization

Originating Lender Location Id

23855

Originating Lender

Farmers State Bank

Originating Lender City

LAGRANGE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

36776.90

Forgiveness Date

08/10/2021

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