PPP Loan information for Scrappy iron & metal recycling, inc.

$29,500

Scrappy iron & metal recycling, inc. was initially approved for PPP Loan of amount $29,500, the current approved amount is $29,500. The loan was approved on 04/14/2020 by The 1st Source Bank reported 3 jobs and $29,500 was used to fund payroll.

Scrappy iron & metal recycling, inc. is Existing or more than 2 years old

PPP Loan Search / IN / ROLLING PRAIRIE / Scrappy iron & metal recycling, inc.

SCRAPPY IRON & METAL RECYCLING, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SCRAPPY IRON & METAL RECYCLING, INC.

Borrower Address

4503 E 700 N

Borrower City

ROLLING PRAIRIE

Borrower State

IN

Borrower Zip

46371

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29500.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROLLING PRAIRIE

Project County Name

LA PORTE

Project State

IN

Project Zip

46371-0001

CD

IN-02

Jobs Reported

3

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29500.00

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

Subchapter S Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29740.92

Forgiveness Date

02/09/2021

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