PPP Loan information for Swiss labs machine & engineering inc

$191,807

Swiss labs machine & engineering inc was initially approved for PPP Loan of amount $191,807, the current approved amount is $191,807. The loan was approved on 04/28/2020 by The Horizon Bank reported 26 jobs and $191,807 was used to fund payroll.

Swiss labs machine & engineering inc is Existing or more than 2 years old

SWISS LABS MACHINE & ENGINEERING INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SWISS LABS MACHINE & ENGINEERING INC

Borrower Address

2854 N GRAHAM ROAD

Borrower City

FRANKLIN

Borrower State

IN

Borrower Zip

46131

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191807.00

Current Approval Amount

191807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-0001

CD

IN-06

Jobs Reported

26

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153446.00

Mortgage Interest Proceed

19181.00

Rent Proceed

19180.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

192842.23

Forgiveness Date

11/23/2020

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