PPP Loan information for Nasco industries inc.

$847,270

Nasco industries inc. was initially approved for PPP Loan of amount $847,270, the current approved amount is $847,270. The loan was approved on 01/21/2021 by The Old National Bank reported 100 jobs and $847,270 was used to fund payroll.

Nasco industries inc. is Existing or more than 2 years old

PPP Loan Search / IN / Washington / Nasco industries inc.

NASCO INDUSTRIES INC.

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

NASCO INDUSTRIES INC.

Borrower Address

3 NE 21st St

Borrower City

Washington

Borrower State

IN

Borrower Zip

47501-3111

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

847270.00

Current Approval Amount

847270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DAVIESS

Project State

IN

Project Zip

47501-3111

CD

IN-08

Jobs Reported

100

NAICS Code

315280

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

847268.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

852191.13

Forgiveness Date

08/27/2021

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