PPP Loan information for Lowe's pellets & grain, inc

$474,590

Lowe's pellets & grain, inc was initially approved for PPP Loan of amount $474,590, the current approved amount is $474,590. The loan was approved on 04/10/2020 by The Horizon Bank reported 42 jobs and $474,590 was used to fund payroll.

Lowe's pellets & grain, inc is Existing or more than 2 years old

LOWE'S PELLETS & GRAIN, INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LOWE'S PELLETS & GRAIN, INC

Borrower Address

2372 W. State Road 46

Borrower City

GREENSBURG

Borrower State

IN

Borrower Zip

47240

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474590.00

Current Approval Amount

474590.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBURG

Project County Name

DECATUR

Project State

IN

Project Zip

47240-0001

CD

IN-09

Jobs Reported

42

NAICS Code

311119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31636.00

Payroll Proceed

379672.00

Mortgage Interest Proceed

0.00

Rent Proceed

31636.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

31646

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

477190.49

Forgiveness Date

11/17/2020

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