PPP Loan information for Padgett construction

$90,000

Padgett construction was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 03/31/2021 by The Farmers & Mechanics Federal Savings Bank reported 8 jobs and $90,000 was used to fund payroll.

Padgett construction is Existing or more than 2 years old

PPP Loan Search / IN / Jasonville / Padgett construction

PADGETT CONSTRUCTION

Date Approved

03/31/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PADGETT CONSTRUCTION

Borrower Address

6638 N 1000 W

Borrower City

Jasonville

Borrower State

IN

Borrower Zip

47438-6025

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79405

Servicing Lender Name

Farmers & Mechanics Federal Savings Bank

Servicing Lender Address

225 E Main St

Servicing Lender City

BLOOMFIELD

Servicing Lender State

IN

Servicing Lender Zip

47424-1421

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jasonville

Project County Name

GREENE

Project State

IN

Project Zip

47438-6025

CD

IN-08

Jobs Reported

8

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89998.00

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

79405

Originating Lender

Farmers & Mechanics Federal Savings Bank

Originating Lender City

BLOOMFIELD

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90435.00

Forgiveness Date

10/06/2021

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