PPP Loan information for Matt and rachel llc

$508,867

Matt and rachel llc was initially approved for PPP Loan of amount $508,867, the current approved amount is $508,867. The loan was approved on 04/08/2020 by The First Merchants Bank reported 75 jobs and $508,867 was used to fund payroll.

Matt and rachel llc is Existing or more than 2 years old

MATT AND RACHEL LLC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MATT AND RACHEL LLC

Borrower Address

12658 SHELBORNE RD

Borrower City

CARMEL

Borrower State

IN

Borrower Zip

46032-9246

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508867.00

Current Approval Amount

508867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARMEL

Project County Name

HAMILTON

Project State

IN

Project Zip

46032-9246

CD

IN-05

Jobs Reported

75

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

508867.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

513161.00

Forgiveness Date

02/18/2021

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