PPP Loan information for Mainline conveyor systems, inc.

$542,300

Mainline conveyor systems, inc. was initially approved for PPP Loan of amount $542,300, the current approved amount is $542,300. The loan was approved on 04/11/2020 by The Citizens Bank reported 32 jobs and $542,300 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

04/11/2020

SBA Office Code

0562

Processing Method

PPP

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

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

542300.00

Current Approval Amount

542300.00

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

32

NAICS Code

333922

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

542300.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

545493.54

Forgiveness Date

11/19/2020

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