PPP Loan information for Wayne's tank & trailer repair, inc.

$325,018

Wayne's tank & trailer repair, inc. was initially approved for PPP Loan of amount $325,017, the current approved amount is $325,018. The loan was approved on 04/08/2020 by The Horizon Bank reported 19 jobs and $325,018 was used to fund payroll.

Wayne's tank & trailer repair, inc. is Existing or more than 2 years old

WAYNE'S TANK & TRAILER REPAIR, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WAYNE'S TANK & TRAILER REPAIR, INC.

Borrower Address

3830 WEST 4TH AVE

Borrower City

GARY

Borrower State

IN

Borrower Zip

46406-1714

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325017.00

Current Approval Amount

325018.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46406-1714

CD

IN-01

Jobs Reported

19

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65003.00

Payroll Proceed

260015.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

326790.02

Forgiveness Date

11/03/2020

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