PPP Loan information for R.e. pearson sales, inc.

$117,000

R.e. pearson sales, inc. was initially approved for PPP Loan of amount $117,000, the current approved amount is $117,000. The loan was approved on 04/15/2020 by The First Merchants Bank reported 13 jobs and $117,000 was used to fund payroll.

R.e. pearson sales, inc. is Existing or more than 2 years old

R.E. PEARSON SALES, INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

R.E. PEARSON SALES, INC.

Borrower Address

2090 W US HIGHWAY 421

Borrower City

DELPHI

Borrower State

IN

Borrower Zip

46923-8268

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117000.00

Current Approval Amount

117000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DELPHI

Project County Name

CARROLL

Project State

IN

Project Zip

46923-8268

CD

IN-04

Jobs Reported

13

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117000.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117750.08

Forgiveness Date

12/14/2020

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