PPP Loan information for Majority builders inc

$1,260,560

Majority builders inc was initially approved for PPP Loan of amount $1,260,560, the current approved amount is $1,260,560. The loan was approved on 05/02/2021 by The Lake City Bank reported 70 jobs and $1,260,560 was used to fund payroll.

Majority builders inc is Existing or more than 2 years old

MAJORITY BUILDERS INC

Date Approved

05/02/2021

SBA Office Code

0562

Processing Method

PPS

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

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1260560.00

Current Approval Amount

1260560.00

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

70

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1260557.00

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

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1271729.96

Forgiveness Date

03/21/2022

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