PPP Loan information for On pace construction

$85,315

On pace construction was initially approved for PPP Loan of amount $85,315, the current approved amount is $85,315. The loan was approved on 02/12/2021 by The Northwest Bank reported 10 jobs and $85,315 was used to fund payroll.

On pace construction is Existing or more than 2 years old

ON PACE CONSTRUCTION

Date Approved

02/12/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ON PACE CONSTRUCTION

Borrower Address

171 Commerce Dr Ste B

Borrower City

Franklin

Borrower State

IN

Borrower Zip

46131-7309

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85315.10

Current Approval Amount

85315.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-7309

CD

IN-06

Jobs Reported

10

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85315.10

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85950.87

Forgiveness Date

11/16/2021

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