PPP Loan information for Rausch mowing inc

$6,400

Rausch mowing inc was initially approved for PPP Loan of amount $6,400, the current approved amount is $6,400. The loan was approved on 04/29/2020 by The 1st Source Bank reported 8 jobs and $6,400 was used to fund payroll.

Rausch mowing inc is New Business or 2 years or less

PPP Loan Search / IN / Winamac / Rausch mowing inc

RAUSCH MOWING INC

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAUSCH MOWING INC

Borrower Address

935 E 25 S

Borrower City

Winamac

Borrower State

IN

Borrower Zip

46996

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6400.00

Current Approval Amount

6400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Winamac

Project County Name

PULASKI

Project State

IN

Project Zip

46996-0001

CD

IN-02

Jobs Reported

8

NAICS Code

561730

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6400.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

6438.04

Forgiveness Date

12/02/2020

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