PPP Loan information for Sandberg's service center, inc.

$117,487

Sandberg's service center, inc. was initially approved for PPP Loan of amount $135,177, the current approved amount is $117,487. The loan was approved on 04/10/2020 by The Horizon Bank reported 10 jobs and $117,487 was used to fund payroll.

Sandberg's service center, inc. is Existing or more than 2 years old

SANDBERG'S SERVICE CENTER, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SANDBERG'S SERVICE CENTER, INC.

Borrower Address

1252 WEST LINCOLNWAY

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46385-4532

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135177.00

Current Approval Amount

117487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46385-4532

CD

IN-01

Jobs Reported

10

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7832.00

Payroll Proceed

93989.00

Mortgage Interest Proceed

7832.00

Rent Proceed

7834.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118172.61

Forgiveness Date

12/04/2020

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