PPP Loan information for Sweney electric company

$1,144,835

Sweney electric company was initially approved for PPP Loan of amount $1,144,835, the current approved amount is $1,144,835. The loan was approved on 04/10/2020 by The First Merchants Bank reported 48 jobs and $1,144,835 was used to fund payroll.

Sweney electric company is Existing or more than 2 years old

SWENEY ELECTRIC COMPANY

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SWENEY ELECTRIC COMPANY

Borrower Address

9111 LOUISIANA ST

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-7156

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1144835.00

Current Approval Amount

1144835.00

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

MERRILLVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46410-7156

CD

IN-01

Jobs Reported

48

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1144835.00

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

1151641.28

Forgiveness Date

11/23/2020

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