PPP Loan information for Specialty manufacturers inc.

$2,000,000

Specialty manufacturers inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/27/2021 by The First Merchants Bank reported 222 jobs and $2,000,000 was used to fund payroll.

Specialty manufacturers inc. is Existing or more than 2 years old

PPP Loan Search / IN / Springville / Specialty manufacturers inc.

SPECIALTY MANUFACTURERS INC.

Date Approved

03/27/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SPECIALTY MANUFACTURERS INC.

Borrower Address

699 Washboard Rd

Borrower City

Springville

Borrower State

IN

Borrower Zip

47462-5180

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Springville

Project County Name

LAWRENCE

Project State

IN

Project Zip

47462-5180

CD

IN-09

Jobs Reported

222

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2012000.00

Forgiveness Date

11/08/2021

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