PPP Loan information for The indiana northeastern railroad company

$169,800

The indiana northeastern railroad company was initially approved for PPP Loan of amount $169,800, the current approved amount is $169,800. The loan was approved on 04/05/2020 by The Lake City Bank reported 20 jobs and $169,800 was used to fund payroll.

The indiana northeastern railroad company is Existing or more than 2 years old

PPP Loan Search / MI / HILLSDALE / The indiana northeastern railroad company

THE INDIANA NORTHEASTERN RAILROAD COMPANY

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE INDIANA NORTHEASTERN RAILROAD COMPANY

Borrower Address

50 MONROE ST

Borrower City

HILLSDALE

Borrower State

MI

Borrower Zip

49242-1219

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

169800.00

Current Approval Amount

169800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HILLSDALE

Project County Name

HILLSDALE

Project State

MI

Project Zip

49242-1219

CD

MI-05

Jobs Reported

20

NAICS Code

482112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4300.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

500

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

170950.87

Forgiveness Date

12/15/2020

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