PPP Loan information for Peerless saw company

$869,200

Peerless saw company was initially approved for PPP Loan of amount $869,200, the current approved amount is $869,200. The loan was approved on 04/07/2020 by The First Merchants Bank reported 58 jobs and $869,200 was used to fund payroll.

Peerless saw company is Existing or more than 2 years old

PPP Loan Search / OH / GROVEPORT / Peerless saw company

PEERLESS SAW COMPANY

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

PEERLESS SAW COMPANY

Borrower Address

4353 DIRECTORS BLVD

Borrower City

GROVEPORT

Borrower State

OH

Borrower Zip

43125-9350

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

869200.00

Current Approval Amount

869200.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GROVEPORT

Project County Name

FRANKLIN

Project State

OH

Project Zip

43125-9350

CD

OH-15

Jobs Reported

58

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

869200.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

873986.55

Forgiveness Date

11/03/2020

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