PPP Loan information for The papers inc

$2,036,900

The papers inc was initially approved for PPP Loan of amount $2,036,900, the current approved amount is $2,036,900. The loan was approved on 04/09/2020 by The Lake City Bank reported 177 jobs and $2,036,900 was used to fund payroll.

The papers inc is Existing or more than 2 years old

PPP Loan Search / IN / MILFORD / The papers inc

THE PAPERS INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE PAPERS INC

Borrower Address

206 S Main St

Borrower City

MILFORD

Borrower State

IN

Borrower Zip

46542-3004

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2036900.00

Current Approval Amount

2036900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46542-3004

CD

IN-02

Jobs Reported

177

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

52566.60

Payroll Proceed

1753964.73

Mortgage Interest Proceed

0.00

Rent Proceed

6454.67

Refinance EIDL Proceed

0.00

Health Care Proceed

223914.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

2060607.25

Forgiveness Date

06/11/2021

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