PPP Loan information for Metaltec inc.

$128,200

Metaltec inc. was initially approved for PPP Loan of amount $128,200, the current approved amount is $128,200. The loan was approved on 05/07/2021 by The 1st Source Bank reported 9 jobs and $128,200 was used to fund payroll.

Metaltec inc. is Existing or more than 2 years old

METALTEC INC.

Date Approved

05/07/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

METALTEC INC.

Borrower Address

11 Pine Lake Ave. Door #3

Borrower City

La Porte

Borrower State

IN

Borrower Zip

46350

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128200.00

Current Approval Amount

128200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Porte

Project County Name

LA PORTE

Project State

IN

Project Zip

46350

CD

IN-01

Jobs Reported

9

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

128198.00

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

Subchapter S Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128548.99

Forgiveness Date

08/17/2021

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