PPP Loan information for Ratchet industries, inc.

$33,354

Ratchet industries, inc. was initially approved for PPP Loan of amount $33,354, the current approved amount is $33,354. The loan was approved on 04/29/2020 by The State Bank reported 4 jobs and $33,354 was used to fund payroll.

Ratchet industries, inc. is Existing or more than 2 years old

PPP Loan Search / IN / BROWNSBURG / Ratchet industries, inc.

RATCHET INDUSTRIES, INC.

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RATCHET INDUSTRIES, INC.

Borrower Address

115 E MAIN ST

Borrower City

BROWNSBURG

Borrower State

IN

Borrower Zip

46112-1215

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33354.00

Current Approval Amount

33354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23892

Servicing Lender Name

State Bank

Servicing Lender Address

900 E 56th St

Servicing Lender City

BROWNSBURG

Servicing Lender State

IN

Servicing Lender Zip

46112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNSBURG

Project County Name

HENDRICKS

Project State

IN

Project Zip

46112-1215

CD

IN-04

Jobs Reported

4

NAICS Code

541490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33354.00

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

23892

Originating Lender

State Bank

Originating Lender City

BROWNSBURG

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33594.33

Forgiveness Date

01/25/2021

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