PPP Loan information for Builders iron works inc

$168,400

Builders iron works inc was initially approved for PPP Loan of amount $168,400, the current approved amount is $168,400. The loan was approved on 04/29/2020 by The 1st Source Bank reported 16 jobs and $168,400 was used to fund payroll.

Builders iron works inc is Existing or more than 2 years old

BUILDERS IRON WORKS INC

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BUILDERS IRON WORKS INC

Borrower Address

1016 E 12 St

Borrower City

Mishawaka

Borrower State

IN

Borrower Zip

46544

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168400.00

Current Approval Amount

168400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mishawaka

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544-0001

CD

IN-02

Jobs Reported

16

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

168400.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

169242.00

Forgiveness Date

11/03/2020

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