PPP Loan information for Land construction corporation

$181,300

Land construction corporation was initially approved for PPP Loan of amount $181,300, the current approved amount is $181,300. The loan was approved on 02/27/2021 by The Farmers and Merchants Bank reported 7 jobs and $181,300 was used to fund payroll.

Land construction corporation is Existing or more than 2 years old

LAND CONSTRUCTION CORPORATION

Date Approved

02/27/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

LAND CONSTRUCTION CORPORATION

Borrower Address

11808 E State Road 205

Borrower City

Laotto

Borrower State

IN

Borrower Zip

46763-9508

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

181300.00

Current Approval Amount

181300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23865

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

6464 Merchants Dr

Servicing Lender City

LAOTTO

Servicing Lender State

IN

Servicing Lender Zip

46763-9629

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laotto

Project County Name

NOBLE

Project State

IN

Project Zip

46763-9508

CD

IN-03

Jobs Reported

7

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

181298.00

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

23865

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAOTTO

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182347.51

Forgiveness Date

09/29/2021

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