PPP Loan information for Lematic inc

$776,392

Lematic inc was initially approved for PPP Loan of amount $776,392, the current approved amount is $776,392. The loan was approved on 01/27/2021 by The First Merchants Bank reported 56 jobs and $776,392 was used to fund payroll.

Lematic inc is Existing or more than 2 years old

LEMATIC INC

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LEMATIC INC

Borrower Address

2410 W Main St

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49203-1062

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

776392.00

Current Approval Amount

776392.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49203-1062

CD

MI-05

Jobs Reported

56

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

776386.00

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

781135.44

Forgiveness Date

09/09/2021

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