PPP Loan information for Indiana air power inc

$483,200

Indiana air power inc was initially approved for PPP Loan of amount $483,200, the current approved amount is $483,200. The loan was approved on 04/10/2020 by The 1st Source Bank reported 30 jobs and $483,200 was used to fund payroll.

Indiana air power inc is Existing or more than 2 years old

PPP Loan Search / IN / LA PORTE / Indiana air power inc

INDIANA AIR POWER INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INDIANA AIR POWER INC

Borrower Address

1758 Genesis Drive

Borrower City

LA PORTE

Borrower State

IN

Borrower Zip

46350-2492

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

483200.00

Current Approval Amount

483200.00

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

46350-2492

CD

IN-01

Jobs Reported

30

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

483200.00

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

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

486756.89

Forgiveness Date

01/06/2021

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