PPP Loan information for Mid-states rubber products

$644,500

Mid-states rubber products was initially approved for PPP Loan of amount $644,500, the current approved amount is $644,500. The loan was approved on 04/07/2020 by The German American Bank reported 62 jobs and $644,500 was used to fund payroll.

Mid-states rubber products is Existing or more than 2 years old

MID-STATES RUBBER PRODUCTS

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MID-STATES RUBBER PRODUCTS

Borrower Address

1230 S RACE ST

Borrower City

PRINCETON

Borrower State

IN

Borrower Zip

47670-3000

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

644500.00

Current Approval Amount

644500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

GIBSON

Project State

IN

Project Zip

47670-3000

CD

IN-08

Jobs Reported

62

NAICS Code

326291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

644500.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

648066.82

Forgiveness Date

11/03/2020

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