PPP Loan information for Stoutco inc

$552,300

Stoutco inc was initially approved for PPP Loan of amount $552,300, the current approved amount is $552,300. The loan was approved on 01/21/2021 by The 1st Source Bank reported 44 jobs and $552,300 was used to fund payroll.

Stoutco inc is Existing or more than 2 years old

PPP Loan Search / IN / Bristol / Stoutco inc

STOUTCO INC

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

STOUTCO INC

Borrower Address

1 STOUTCO DR

Borrower City

Bristol

Borrower State

IN

Borrower Zip

46507

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

552300.00

Current Approval Amount

552300.00

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

Bristol

Project County Name

ELKHART

Project State

IN

Project Zip

46507

CD

IN-02

Jobs Reported

44

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

552298.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

555567.77

Forgiveness Date

08/24/2021

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