PPP Loan information for Bounds flooring inc

$221,770

Bounds flooring inc was initially approved for PPP Loan of amount $221,770, the current approved amount is $221,770. The loan was approved on 04/13/2020 by The German American Bank reported 16 jobs and $221,770 was used to fund payroll.

Bounds flooring inc is Existing or more than 2 years old

PPP Loan Search / IN / BLOOMINGTON / Bounds flooring inc

BOUNDS FLOORING INC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BOUNDS FLOORING INC

Borrower Address

5005 N STATE ROAD 37 BUSINESS

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47404-1626

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221770.00

Current Approval Amount

221770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MONROE

Project State

IN

Project Zip

47404-1626

CD

IN-09

Jobs Reported

16

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

221770.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222954.80

Forgiveness Date

11/03/2020

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