PPP Loan information for Montgomery well drilling

$87,600

Montgomery well drilling was initially approved for PPP Loan of amount $87,600, the current approved amount is $87,600. The loan was approved on 04/28/2020 by The 1st Source Bank reported 9 jobs and $87,600 was used to fund payroll.

Montgomery well drilling is Existing or more than 2 years old

MONTGOMERY WELL DRILLING

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MONTGOMERY WELL DRILLING

Borrower Address

12499 Olive Trail

Borrower City

Plymouth

Borrower State

IN

Borrower Zip

46563

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87600.00

Current Approval Amount

87600.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

MARSHALL

Project State

IN

Project Zip

46563-0001

CD

IN-02

Jobs Reported

9

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87600.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88120.73

Forgiveness Date

12/02/2020

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