PPP Loan information for Mainline conveyor systems inc

$439,000

Mainline conveyor systems inc was initially approved for PPP Loan of amount $439,000, the current approved amount is $439,000. The loan was approved on 02/20/2021 by The Citizens Bank reported 31 jobs and $439,000 was used to fund payroll.

Mainline conveyor systems inc is Existing or more than 2 years old

PPP Loan Search / IN / Mooresville / Mainline conveyor systems inc

MAINLINE CONVEYOR SYSTEMS INC

Date Approved

02/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MAINLINE CONVEYOR SYSTEMS INC

Borrower Address

10970 N Holland Dr S

Borrower City

Mooresville

Borrower State

IN

Borrower Zip

46158-7661

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

439000.00

Current Approval Amount

439000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23997

Servicing Lender Name

Citizens Bank

Servicing Lender Address

33 N Indiana St

Servicing Lender City

MOORESVILLE

Servicing Lender State

IN

Servicing Lender Zip

46158-1647

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mooresville

Project County Name

MORGAN

Project State

IN

Project Zip

46158-7661

CD

IN-04

Jobs Reported

31

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

439000.00

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

23997

Originating Lender

Citizens Bank

Originating Lender City

MOORESVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

440804.78

Forgiveness Date

07/22/2021

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