PPP Loan information for Overton industries inc

$1,337,298

Overton industries inc was initially approved for PPP Loan of amount $1,337,298, the current approved amount is $1,337,298. The loan was approved on 02/03/2021 by The First Merchants Bank reported 85 jobs and $1,337,298 was used to fund payroll.

Overton industries inc is Existing or more than 2 years old

PPP Loan Search / IN / Mooresville / Overton industries inc

OVERTON INDUSTRIES INC

Date Approved

02/03/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

OVERTON INDUSTRIES INC

Borrower Address

1250 S Old State Road 67

Borrower City

Mooresville

Borrower State

IN

Borrower Zip

46158-8243

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1337297.50

Current Approval Amount

1337297.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mooresville

Project County Name

MORGAN

Project State

IN

Project Zip

46158-8243

CD

IN-04

Jobs Reported

85

NAICS Code

333514

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1337292.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1348472.18

Forgiveness Date

12/14/2021

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