PPP Loan information for Local 374 development and training fund

$74,289

Local 374 development and training fund was initially approved for PPP Loan of amount $74,289, the current approved amount is $74,289. The loan was approved on 04/02/2021 by The Bank of Labor reported 2 jobs and $74,289 was used to fund payroll.

Local 374 development and training fund is Existing or more than 2 years old

LOCAL 374 DEVELOPMENT AND TRAINING FUND

Date Approved

04/02/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LOCAL 374 DEVELOPMENT AND TRAINING FUND

Borrower Address

760 N Union St

Borrower City

Hobart

Borrower State

IN

Borrower Zip

46342-2536

Loan Status Date

04/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74289.00

Current Approval Amount

74289.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26056

Servicing Lender Name

Bank of Labor

Servicing Lender Address

756 Minnesota Ave

Servicing Lender City

KANSAS CITY

Servicing Lender State

KS

Servicing Lender Zip

66101-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hobart

Project County Name

LAKE

Project State

IN

Project Zip

46342-2536

CD

IN-01

Jobs Reported

2

NAICS Code

611513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74289.00

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

26056

Originating Lender

Bank of Labor

Originating Lender City

KANSAS CITY

Originating Lender State

KS

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

74590.28

Forgiveness Date

08/31/2021

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