PPP Loan information for Preachit, inc.

$75,400

Preachit, inc. was initially approved for PPP Loan of amount $75,400, the current approved amount is $75,400. The loan was approved on 04/15/2020 by The DeMotte State Bank reported 6 jobs and $75,400 was used to fund payroll.

Preachit, inc. is Existing or more than 2 years old

PREACHIT, INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PREACHIT, INC.

Borrower Address

234 W 166 S

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46385-7379

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75400.00

Current Approval Amount

75400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23051

Servicing Lender Name

DeMotte State Bank

Servicing Lender Address

210 S Halleck St

Servicing Lender City

DEMOTTE

Servicing Lender State

IN

Servicing Lender Zip

46310-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46385-7379

CD

IN-01

Jobs Reported

6

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75400.00

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

Non-Profit Organization

Originating Lender Location Id

23051

Originating Lender

DeMotte State Bank

Originating Lender City

DEMOTTE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

76178.79

Forgiveness Date

05/05/2021

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