PPP Loan information for Propane direct inc

$61,900

Propane direct inc was initially approved for PPP Loan of amount $61,900, the current approved amount is $61,900. The loan was approved on 04/05/2020 by The German American Bank reported 5 jobs and $61,900 was used to fund payroll.

Propane direct inc is Existing or more than 2 years old

PPP Loan Search / IN / SHOALS / Propane direct inc

PROPANE DIRECT INC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PROPANE DIRECT INC

Borrower Address

314 4TH ST

Borrower City

SHOALS

Borrower State

IN

Borrower Zip

47581-5003

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61900.00

Current Approval Amount

61900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHOALS

Project County Name

MARTIN

Project State

IN

Project Zip

47581-5003

CD

IN-08

Jobs Reported

5

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61900.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62351.11

Forgiveness Date

01/07/2021

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