PPP Loan information for South bend modern molding inc

$740,000

South bend modern molding inc was initially approved for PPP Loan of amount $740,000, the current approved amount is $740,000. The loan was approved on 04/13/2020 by The 1st Source Bank reported 108 jobs and $740,000 was used to fund payroll.

South bend modern molding inc is Existing or more than 2 years old

SOUTH BEND MODERN MOLDING INC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SOUTH BEND MODERN MOLDING INC

Borrower Address

605 Laurel St

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46544-2328

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740000.00

Current Approval Amount

740000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544-2328

CD

IN-02

Jobs Reported

108

NAICS Code

326291

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

740000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

734096.11

Forgiveness Date

11/05/2020

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