PPP Loan information for Cummins electric, inc.

$1,108,170

Cummins electric, inc. was initially approved for PPP Loan of amount $1,108,170, the current approved amount is $1,108,170. The loan was approved on 04/07/2020 by The First Merchants Bank reported 49 jobs and $1,108,170 was used to fund payroll.

Cummins electric, inc. is Existing or more than 2 years old

PPP Loan Search / IN / RICHMOND / Cummins electric, inc.

CUMMINS ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CUMMINS ELECTRIC, INC.

Borrower Address

3712 NATIONAL RD

Borrower City

RICHMOND

Borrower State

IN

Borrower Zip

47374-4702

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1108170.00

Current Approval Amount

1108170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

WAYNE

Project State

IN

Project Zip

47374-4702

CD

IN-06

Jobs Reported

49

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1108170.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1115790.57

Forgiveness Date

12/22/2020

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