PPP Loan information for Sandusky abrasive wheel co inc

$78,602

Sandusky abrasive wheel co inc was initially approved for PPP Loan of amount $78,602, the current approved amount is $78,602. The loan was approved on 03/05/2021 by The Horizon Bank reported 15 jobs and $78,602 was used to fund payroll.

Sandusky abrasive wheel co inc is Existing or more than 2 years old

SANDUSKY ABRASIVE WHEEL CO INC

Date Approved

03/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SANDUSKY ABRASIVE WHEEL CO INC

Borrower Address

1100 W Barker Ave

Borrower City

Michigan City

Borrower State

IN

Borrower Zip

46360-4185

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78602.00

Current Approval Amount

78602.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Michigan City

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-4185

CD

IN-01

Jobs Reported

15

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78600.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

78987.47

Forgiveness Date

09/07/2021

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