PPP Loan information for Schust mechanical systems llc

$227,869

Schust mechanical systems llc was initially approved for PPP Loan of amount $227,869, the current approved amount is $227,869. The loan was approved on 02/08/2021 by The First Merchants Bank reported 16 jobs and $227,869 was used to fund payroll.

Schust mechanical systems llc is Existing or more than 2 years old

SCHUST MECHANICAL SYSTEMS LLC

Date Approved

02/08/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SCHUST MECHANICAL SYSTEMS LLC

Borrower Address

6511 State Road 205

Borrower City

Laotto

Borrower State

IN

Borrower Zip

46763-9618

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

227869.00

Current Approval Amount

227869.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laotto

Project County Name

NOBLE

Project State

IN

Project Zip

46763-9618

CD

IN-03

Jobs Reported

16

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227869.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

229017.71

Forgiveness Date

08/20/2021

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