PPP Loan information for Positron corporation

$346,400

Positron corporation was initially approved for PPP Loan of amount $346,400, the current approved amount is $346,400. The loan was approved on 04/14/2020 by The Lake City Bank reported 56 jobs and $346,400 was used to fund payroll.

Positron corporation is Existing or more than 2 years old

POSITRON CORPORATION

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POSITRON CORPORATION

Borrower Address

4614 WYLAND DR

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46516-9787

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346400.00

Current Approval Amount

346400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46516-9787

CD

IN-02

Jobs Reported

56

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19053.95

Payroll Proceed

259869.74

Mortgage Interest Proceed

0.00

Rent Proceed

28887.98

Refinance EIDL Proceed

0.00

Health Care Proceed

38588.33

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

348516.89

Forgiveness Date

11/24/2020

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