PPP Loan information for Imechanic inc

$106,250

Imechanic inc was initially approved for PPP Loan of amount $106,250, the current approved amount is $106,250. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 15 jobs and $106,250 was used to fund payroll.

Imechanic inc is Existing or more than 2 years old

IMECHANIC INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

IMECHANIC INC

Borrower Address

700 S WALNUT ST

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47401

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106250.00

Current Approval Amount

106250.00

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

47401-0004

CD

IN-09

Jobs Reported

15

NAICS Code

811211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

106250.00

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

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

107365.62

Forgiveness Date

05/05/2021

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