PPP Loan information for T & m equipment company, inc

$819,300

T & m equipment company, inc was initially approved for PPP Loan of amount $819,300, the current approved amount is $819,300. The loan was approved on 04/06/2020 by The Old Plank Trail Community Bank, National Association reported 56 jobs and $819,300 was used to fund payroll.

T & m equipment company, inc is New Business or 2 years or less

T & M EQUIPMENT COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

T & M EQUIPMENT COMPANY, INC

Borrower Address

2880 E 83RD PL

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-6412

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

819300.00

Current Approval Amount

819300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MERRILLVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46410-6412

CD

IN-01

Jobs Reported

56

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

102412.50

Payroll Proceed

614475.00

Mortgage Interest Proceed

0.00

Rent Proceed

102412.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

826127.50

Forgiveness Date

02/10/2021

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