PPP Loan information for Salamonie mills, inc.

$318,777

Salamonie mills, inc. was initially approved for PPP Loan of amount $318,777, the current approved amount is $318,777. The loan was approved on 04/11/2020 by The First Farmers Bank & Trust Co. reported 24 jobs and $318,777 was used to fund payroll.

Salamonie mills, inc. is Existing or more than 2 years old

SALAMONIE MILLS, INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SALAMONIE MILLS, INC.

Borrower Address

525 N. WAYNE ST.

Borrower City

WARREN

Borrower State

IN

Borrower Zip

46792-9456

Loan Status Date

06/06/2020

Loan Status

Charged Off

Term

7

SBA Guaranty Percentage

100

Initial Approval Amount

318777.40

Current Approval Amount

318777.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

HUNTINGTON

Project State

IN

Project Zip

46792-9456

CD

IN-03

Jobs Reported

24

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

318777.40

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153264.01

Forgiveness Date

02/10/2021

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