PPP Loan information for Ppi acqusition llc

$130,560

Ppi acqusition llc was initially approved for PPP Loan of amount $130,560, the current approved amount is $130,560. The loan was approved on 01/20/2021 by The First Farmers Bank & Trust Co. reported 12 jobs and $130,560 was used to fund payroll.

Ppi acqusition llc is Existing or more than 2 years old

PPI ACQUSITION LLC

Date Approved

01/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PPI ACQUSITION LLC

Borrower Address

1424 W 35th St

Borrower City

Marion

Borrower State

IN

Borrower Zip

46953-3454

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130560.00

Current Approval Amount

130560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

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

46953-3454

CD

IN-05

Jobs Reported

12

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

130557.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131422.05

Forgiveness Date

09/24/2021

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