PPP Loan information for Geothermal specialist inc

$49,108

Geothermal specialist inc was initially approved for PPP Loan of amount $55,300, the current approved amount is $49,108. The loan was approved on 04/14/2020 by The 1st Source Bank reported 8 jobs and $49,108 was used to fund payroll.

Geothermal specialist inc is Existing or more than 2 years old

GEOTHERMAL SPECIALIST INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GEOTHERMAL SPECIALIST INC

Borrower Address

5427 N 300 E

Borrower City

LA PORTE

Borrower State

IN

Borrower Zip

46350

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55300.00

Current Approval Amount

49108.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LA PORTE

Project County Name

LA PORTE

Project State

IN

Project Zip

46350-0001

CD

IN-02

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49108.00

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

49547.24

Forgiveness Date

03/11/2021

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