PPP Loan information for Proportion-air inc

$843,657

Proportion-air inc was initially approved for PPP Loan of amount $843,657, the current approved amount is $843,657. The loan was approved on 05/28/2020 by The Regions Bank reported 74 jobs and $843,657 was used to fund payroll.

Proportion-air inc is Existing or more than 2 years old

PROPORTION-AIR INC

Date Approved

05/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PROPORTION-AIR INC

Borrower Address

8250 N 600 W

Borrower City

McCordsville

Borrower State

IN

Borrower Zip

46055

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

843657.00

Current Approval Amount

843657.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McCordsville

Project County Name

HANCOCK

Project State

IN

Project Zip

46055-0001

CD

IN-06

Jobs Reported

74

NAICS Code

332912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

843657.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

854173.82

Forgiveness Date

08/31/2021

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