PPP Loan information for Terhunes of muncie inc

$539,800

Terhunes of muncie inc was initially approved for PPP Loan of amount $539,800, the current approved amount is $539,800. The loan was approved on 04/11/2020 by The First Merchants Bank reported 167 jobs and $539,800 was used to fund payroll.

Terhunes of muncie inc is Existing or more than 2 years old

TERHUNES OF MUNCIE INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TERHUNES OF MUNCIE INC

Borrower Address

4707 N WHEELING AVE

Borrower City

MUNCIE

Borrower State

IN

Borrower Zip

47304-1222

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539800.00

Current Approval Amount

539800.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

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

MUNCIE

Project County Name

DELAWARE

Project State

IN

Project Zip

47304-1222

CD

IN-05

Jobs Reported

167

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

539800.00

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

545759.98

Forgiveness Date

05/26/2021

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