PPP Loan information for Peerless machine & tool corp

$896,100

Peerless machine & tool corp was initially approved for PPP Loan of amount $896,100, the current approved amount is $896,100. The loan was approved on 03/16/2021 by The STAR Financial Bank reported 55 jobs and $896,100 was used to fund payroll.

Peerless machine & tool corp is Existing or more than 2 years old

PPP Loan Search / IN / Marion / Peerless machine & tool corp

PEERLESS MACHINE & TOOL CORP

Date Approved

03/16/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PEERLESS MACHINE & TOOL CORP

Borrower Address

1804 W 2nd St

Borrower City

Marion

Borrower State

IN

Borrower Zip

46952-3362

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

896100.00

Current Approval Amount

896100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

GRANT

Project State

IN

Project Zip

46952-3362

CD

IN-05

Jobs Reported

55

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

896099.00

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

Trust

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

900371.82

Forgiveness Date

09/09/2021

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