PPP Loan information for Ontrac inc.

$320,500

Ontrac inc. was initially approved for PPP Loan of amount $320,500, the current approved amount is $320,500. The loan was approved on 02/23/2021 by The German American Bank reported 32 jobs and $320,500 was used to fund payroll.

Ontrac inc. is Existing or more than 2 years old

PPP Loan Search / KY / Shelbyville / Ontrac inc.

ONTRAC INC.

Date Approved

02/23/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

ONTRAC INC.

Borrower Address

1087 Brooks Industrial Road

Borrower City

Shelbyville

Borrower State

KY

Borrower Zip

40065

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320500.00

Current Approval Amount

320500.00

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

Shelbyville

Project County Name

SHELBY

Project State

KY

Project Zip

40065

CD

KY-04

Jobs Reported

32

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

320494.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

322993.75

Forgiveness Date

12/08/2021

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