PPP Loan information for Wholesale carpets inc

$47,900

Wholesale carpets inc was initially approved for PPP Loan of amount $47,900, the current approved amount is $47,900. The loan was approved on 05/19/2020 by The The Farmers & Merchants State Bank reported 8 jobs and $47,900 was used to fund payroll.

Wholesale carpets inc is Existing or more than 2 years old

WHOLESALE CARPETS INC

Date Approved

05/19/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WHOLESALE CARPETS INC

Borrower Address

117 N Central AVe

Borrower City

CONNERSVILLE

Borrower State

IN

Borrower Zip

47331

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47900.00

Current Approval Amount

47900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONNERSVILLE

Project County Name

FAYETTE

Project State

IN

Project Zip

47331-0001

CD

IN-06

Jobs Reported

8

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47900.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48277.95

Forgiveness Date

03/11/2021

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