PPP Loan information for Med inc

$163,300

Med inc was initially approved for PPP Loan of amount $163,300, the current approved amount is $163,300. The loan was approved on 01/23/2021 by The 1st Source Bank reported 30 jobs and $163,300 was used to fund payroll.

Med inc is Existing or more than 2 years old

PPP Loan Search / IN / Chesterton / Med inc

MED INC

Date Approved

01/23/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MED INC

Borrower Address

711 Plaza Dr Ste 2

Borrower City

Chesterton

Borrower State

IN

Borrower Zip

46304-5506

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163300.00

Current Approval Amount

163300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterton

Project County Name

PORTER

Project State

IN

Project Zip

46304-5506

CD

IN-01

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

163298.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164220.83

Forgiveness Date

08/18/2021

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