PPP Loan information for Imechanic inc.

$118,028

Imechanic inc. was initially approved for PPP Loan of amount $118,028, the current approved amount is $118,028. The loan was approved on 01/22/2021 by The Fifth Third Bank reported 15 jobs and $118,028 was used to fund payroll.

Imechanic inc. is Existing or more than 2 years old

IMECHANIC INC.

Date Approved

01/22/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

IMECHANIC INC.

Borrower Address

700 S Walnut St

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47401-4627

Loan Status Date

10/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118027.50

Current Approval Amount

118027.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

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

47401-4627

CD

IN-09

Jobs Reported

15

NAICS Code

811211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

118026.50

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119925.78

Forgiveness Date

09/07/2022

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