PPP Loan information for Sagamore gas and appliances, inc

$155,800

Sagamore gas and appliances, inc was initially approved for PPP Loan of amount $155,800, the current approved amount is $155,800. The loan was approved on 04/14/2020 by The Merchants Bank of Indiana reported 13 jobs and $155,800 was used to fund payroll.

Sagamore gas and appliances, inc is Existing or more than 2 years old

SAGAMORE GAS AND APPLIANCES, INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SAGAMORE GAS AND APPLIANCES, INC

Borrower Address

6551 W. HICKORY RD

Borrower City

COLFAX

Borrower State

IN

Borrower Zip

46035-9785

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155800.00

Current Approval Amount

155800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24315

Servicing Lender Name

Merchants Bank of Indiana

Servicing Lender Address

410 Monon Blvd

Servicing Lender City

CARMEL

Servicing Lender State

IN

Servicing Lender Zip

46032-6945

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLFAX

Project County Name

CLINTON

Project State

IN

Project Zip

46035-9785

CD

IN-04

Jobs Reported

13

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155800.00

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

24315

Originating Lender

Merchants Bank of Indiana

Originating Lender City

CARMEL

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156977.16

Forgiveness Date

01/26/2021

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