PPP Loan information for Second gen, inc.

$798,400

Second gen, inc. was initially approved for PPP Loan of amount $798,400, the current approved amount is $798,400. The loan was approved on 04/03/2020 by The DeMotte State Bank reported 264 jobs and $798,400 was used to fund payroll.

Second gen, inc. is Existing or more than 2 years old

PPP Loan Search / IN / CROWN POINT / Second gen, inc.

SECOND GEN, INC.

Date Approved

04/03/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SECOND GEN, INC.

Borrower Address

1290 ARROWHEAD CT ST B

Borrower City

CROWN POINT

Borrower State

IN

Borrower Zip

46307-7766

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

798400.00

Current Approval Amount

798400.00

Undisbursed Amount

0.00

Franchise Name

KFC

Servicing Lender Location Id

23051

Servicing Lender Name

DeMotte State Bank

Servicing Lender Address

210 S Halleck St

Servicing Lender City

DEMOTTE

Servicing Lender State

IN

Servicing Lender Zip

46310-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROWN POINT

Project County Name

LAKE

Project State

IN

Project Zip

46307-7766

CD

IN-01

Jobs Reported

264

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

Mortgage Interest Proceed

198400.00

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

23051

Originating Lender

DeMotte State Bank

Originating Lender City

DEMOTTE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

803693.50

Forgiveness Date

12/09/2020

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