PPP Loan information for Star engineering and machine co

$513,690

Star engineering and machine co was initially approved for PPP Loan of amount $513,690, the current approved amount is $513,690. The loan was approved on 01/22/2021 by The First Merchants Bank reported 30 jobs and $513,690 was used to fund payroll.

Star engineering and machine co is Existing or more than 2 years old

STAR ENGINEERING AND MACHINE CO

Date Approved

01/22/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

STAR ENGINEERING AND MACHINE CO

Borrower Address

1717 Lancaster St

Borrower City

Bluffton

Borrower State

IN

Borrower Zip

46714-1512

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

513690.00

Current Approval Amount

513690.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluffton

Project County Name

WELLS

Project State

IN

Project Zip

46714-1512

CD

IN-03

Jobs Reported

30

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

513686.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

516406.22

Forgiveness Date

08/09/2021

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