PPP Loan information for Med, inc.

$116,700

Med, inc. was initially approved for PPP Loan of amount $116,700, the current approved amount is $116,700. The loan was approved on 05/19/2020 by The 1st Source Bank reported 30 jobs and $116,700 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

05/19/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MED, INC.

Borrower Address

711-2 Plaza Drive

Borrower City

Chesterton

Borrower State

IN

Borrower Zip

46304-1500

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116700.00

Current Approval Amount

116700.00

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

46304-1500

CD

IN-01

Jobs Reported

30

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116700.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117623.87

Forgiveness Date

03/11/2021

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