PPP Loan information for Majority builders inc

$1,260,500

Majority builders inc was initially approved for PPP Loan of amount $1,260,500, the current approved amount is $1,260,500. The loan was approved on 04/06/2020 by The Lake City Bank reported 75 jobs and $1,260,500 was used to fund payroll.

Majority builders inc is Existing or more than 2 years old

PPP Loan Search / IN / SOUTH BEND / Majority builders inc

MAJORITY BUILDERS INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MAJORITY BUILDERS INC

Borrower Address

62900 US 31 S

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46614-4831

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1260500.00

Current Approval Amount

1260500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46614-4831

CD

IN-02

Jobs Reported

75

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5600.00

Payroll Proceed

1058900.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

170000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1270759.07

Forgiveness Date

02/03/2021

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