PPP Loan information for Richard's small engine inc

$174,694

Richard's small engine inc was initially approved for PPP Loan of amount $174,694, the current approved amount is $174,694. The loan was approved on 04/14/2020 by The Our Community Bank reported 26 jobs and $174,694 was used to fund payroll.

Richard's small engine inc is Existing or more than 2 years old

RICHARD'S SMALL ENGINE INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RICHARD'S SMALL ENGINE INC

Borrower Address

8273 WEST STATE ROAD 46

Borrower City

ELLETTSVILLE

Borrower State

IN

Borrower Zip

47429-9312

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174693.75

Current Approval Amount

174693.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78114

Servicing Lender Name

Our Community Bank

Servicing Lender Address

279 E Morgan St

Servicing Lender City

SPENCER

Servicing Lender State

IN

Servicing Lender Zip

47460-1427

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELLETTSVILLE

Project County Name

MONROE

Project State

IN

Project Zip

47429-9312

CD

IN-09

Jobs Reported

26

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174693.75

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

78114

Originating Lender

Our Community Bank

Originating Lender City

SPENCER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175644.86

Forgiveness Date

11/03/2020

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