PPP Loan information for Stephens machine, inc

$251,646

Stephens machine, inc was initially approved for PPP Loan of amount $267,873, the current approved amount is $251,646. The loan was approved on 04/12/2020 by The Community First Bank of Indiana reported 20 jobs and $251,646 was used to fund payroll.

Stephens machine, inc is Existing or more than 2 years old

STEPHENS MACHINE, INC

Date Approved

04/12/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

STEPHENS MACHINE, INC

Borrower Address

1600 Dodge St

Borrower City

Kokomo

Borrower State

IN

Borrower Zip

46902-2407

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267872.50

Current Approval Amount

251646.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317699

Servicing Lender Name

Community First Bank of Indiana

Servicing Lender Address

201 W Sycamore St

Servicing Lender City

KOKOMO

Servicing Lender State

IN

Servicing Lender Zip

46901-4630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kokomo

Project County Name

HOWARD

Project State

IN

Project Zip

46902-2407

CD

IN-05

Jobs Reported

20

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

251646.00

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

317699

Originating Lender

Community First Bank of Indiana

Originating Lender City

KOKOMO

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253456.45

Forgiveness Date

01/07/2021

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