PPP Loan information for Logansport machine co., inc.

$507,303

Logansport machine co., inc. was initially approved for PPP Loan of amount $507,303, the current approved amount is $507,303. The loan was approved on 01/22/2021 by The Fifth Third Bank reported 24 jobs and $507,303 was used to fund payroll.

Logansport machine co., inc. is Existing or more than 2 years old

LOGANSPORT MACHINE CO., INC.

Date Approved

01/22/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

LOGANSPORT MACHINE CO., INC.

Borrower Address

1200 W Linden Ave

Borrower City

Logansport

Borrower State

IN

Borrower Zip

46947-2950

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

507303.37

Current Approval Amount

507303.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Logansport

Project County Name

CASS

Project State

IN

Project Zip

46947-2950

CD

IN-04

Jobs Reported

24

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

507300.37

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

509741.24

Forgiveness Date

07/23/2021

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