PPP Loan information for Specification products, inc

$47,200

Specification products, inc was initially approved for PPP Loan of amount $47,200, the current approved amount is $47,200. The loan was approved on 04/27/2020 by The First Merchants Bank reported 4 jobs and $47,200 was used to fund payroll.

Specification products, inc is Existing or more than 2 years old

SPECIFICATION PRODUCTS, INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SPECIFICATION PRODUCTS, INC

Borrower Address

10038 S 750 W

Borrower City

FORTVILLE

Borrower State

IN

Borrower Zip

46040-9205

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47200.00

Current Approval Amount

47200.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORTVILLE

Project County Name

MADISON

Project State

IN

Project Zip

46040-9205

CD

IN-05

Jobs Reported

4

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47200.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47515.53

Forgiveness Date

12/31/2020

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