PPP Loan information for Loughmiller machine, tool & design, inc

$491,300

Loughmiller machine, tool & design, inc was initially approved for PPP Loan of amount $491,300, the current approved amount is $491,300. The loan was approved on 04/04/2020 by The Springs Valley Bank & Trust Company reported 53 jobs and $491,300 was used to fund payroll.

Loughmiller machine, tool & design, inc is Existing or more than 2 years old

PPP Loan Search / IN / LOOGOOTEE / Loughmiller machine, tool & design, inc

LOUGHMILLER MACHINE, TOOL & DESIGN, INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LOUGHMILLER MACHINE, TOOL & DESIGN, INC

Borrower Address

12851 E 150 N

Borrower City

LOOGOOTEE

Borrower State

IN

Borrower Zip

47553-5385

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491300.00

Current Approval Amount

491300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23165

Servicing Lender Name

Springs Valley Bank & Trust Company

Servicing Lender Address

8482 W State Road 56

Servicing Lender City

FRENCH LICK

Servicing Lender State

IN

Servicing Lender Zip

47432-9619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOOGOOTEE

Project County Name

DAVIESS

Project State

IN

Project Zip

47553-5385

CD

IN-08

Jobs Reported

53

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

491300.00

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

Subchapter S Corporation

Originating Lender Location Id

23165

Originating Lender

Springs Valley Bank & Trust Company

Originating Lender City

FRENCH LICK

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

494384.27

Forgiveness Date

11/27/2020

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