PPP Loan information for Marion root beer inc

$26,144

Marion root beer inc was initially approved for PPP Loan of amount $26,144, the current approved amount is $26,144. The loan was approved on 04/29/2020 by The Grant County State Bank reported 8 jobs and $26,144 was used to fund payroll.

Marion root beer inc is Existing or more than 2 years old

MARION ROOT BEER INC

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MARION ROOT BEER INC

Borrower Address

1401 W FACTORY AVE

Borrower City

MARION

Borrower State

IN

Borrower Zip

46952-2430

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26143.75

Current Approval Amount

26143.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24337

Servicing Lender Name

Grant County State Bank

Servicing Lender Address

102 N Washington St

Servicing Lender City

SWAYZEE

Servicing Lender State

IN

Servicing Lender Zip

46986-9651

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

GRANT

Project State

IN

Project Zip

46952-2430

CD

IN-05

Jobs Reported

8

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26143.75

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

24337

Originating Lender

Grant County State Bank

Originating Lender City

SWAYZEE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26339.83

Forgiveness Date

02/01/2021

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