PPP Loan information for Korhorn financial group, inc.

$631,000

Korhorn financial group, inc. was initially approved for PPP Loan of amount $631,000, the current approved amount is $631,000. The loan was approved on 04/04/2020 by The First State Bank of Middlebury reported 49 jobs and $631,000 was used to fund payroll.

Korhorn financial group, inc. is Existing or more than 2 years old

PPP Loan Search / IN / GRANGER / Korhorn financial group, inc.

KORHORN FINANCIAL GROUP, INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KORHORN FINANCIAL GROUP, INC.

Borrower Address

6910 N MAIN ST UNIT 41, BUILDING 16

Borrower City

GRANGER

Borrower State

IN

Borrower Zip

46530-8412

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631000.00

Current Approval Amount

631000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANGER

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46530-8412

CD

IN-02

Jobs Reported

49

NAICS Code

523930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

157750.00

Payroll Proceed

473250.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

637152.25

Forgiveness Date

03/31/2021

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