PPP Loan information for Old world distributors inc

$88,180

Old world distributors inc was initially approved for PPP Loan of amount $88,180, the current approved amount is $88,180. The loan was approved on 01/29/2021 by The Old National Bank reported 6 jobs and $88,180 was used to fund payroll.

Old world distributors inc is Existing or more than 2 years old

PPP Loan Search / MI / Kalamazoo / Old world distributors inc

OLD WORLD DISTRIBUTORS INC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OLD WORLD DISTRIBUTORS INC

Borrower Address

6101 W Kl Ave Ste 2

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49009-6007

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88180.00

Current Approval Amount

88180.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-6007

CD

MI-04

Jobs Reported

6

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88178.00

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

Cooperative

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

88820.21

Forgiveness Date

10/27/2021

;