PPP Loan information for Marine east inc

$138,220

Marine east inc was initially approved for PPP Loan of amount $160,852, the current approved amount is $138,220. The loan was approved on 04/13/2020 by The Horizon Bank reported 22 jobs and $138,220 was used to fund payroll.

Marine east inc is New Business or 2 years or less

MARINE EAST INC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MARINE EAST INC

Borrower Address

4805 N 100 W

Borrower City

LA PORTE

Borrower State

IN

Borrower Zip

46350-8302

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160852.00

Current Approval Amount

138220.00

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

N

Business Age Description

New Business or 2 years or less

Project City

LA PORTE

Project County Name

LA PORTE

Project State

IN

Project Zip

46350-8302

CD

IN-01

Jobs Reported

22

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9214.00

Payroll Proceed

110576.00

Mortgage Interest Proceed

9215.00

Rent Proceed

9215.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138992.52

Forgiveness Date

11/25/2020

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