PPP Loan information for Ma metal

$632,000

Ma metal was initially approved for PPP Loan of amount $632,000, the current approved amount is $632,000. The loan was approved on 04/04/2020 by The German American Bank reported 48 jobs and $632,000 was used to fund payroll.

Ma metal is Existing or more than 2 years old

MA METAL

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MA METAL

Borrower Address

216 N MAIN ST

Borrower City

EDINBURGH

Borrower State

IN

Borrower Zip

46124-1027

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

632000.00

Current Approval Amount

632000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EDINBURGH

Project County Name

JOHNSON

Project State

IN

Project Zip

46124-1027

CD

IN-06

Jobs Reported

48

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

632000.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

625442.30

Forgiveness Date

11/03/2020

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