PPP Loan information for Timerland home center inc.

$1,681,600

Timerland home center inc. was initially approved for PPP Loan of amount $1,681,600, the current approved amount is $1,681,600. The loan was approved on 04/06/2020 by The Peoples Bank & Trust reported 150 jobs and $1,681,600 was used to fund payroll.

Timerland home center inc. is Existing or more than 2 years old

PPP Loan Search / IN / BRAZIL / Timerland home center inc.

TIMERLAND HOME CENTER INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TIMERLAND HOME CENTER INC.

Borrower Address

53 S UNION ST

Borrower City

BRAZIL

Borrower State

IN

Borrower Zip

47834-2470

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1681600.00

Current Approval Amount

1681600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22272

Servicing Lender Name

Peoples Bank & Trust

Servicing Lender Address

200 S Locust St

Servicing Lender City

PANA

Servicing Lender State

IL

Servicing Lender Zip

62557-1606

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRAZIL

Project County Name

CLAY

Project State

IN

Project Zip

47834-2470

CD

IN-08

Jobs Reported

150

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1681595.00

Mortgage Interest Proceed

1.00

Rent Proceed

1.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1.00

Debt Interest Proceed

1

Business Type

Subchapter S Corporation

Originating Lender Location Id

22272

Originating Lender

Peoples Bank & Trust

Originating Lender City

PANA

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1698093.50

Forgiveness Date

04/12/2021

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