PPP Loan information for Mike raisor ford, inc

$2,919,782

Mike raisor ford, inc was initially approved for PPP Loan of amount $2,919,782, the current approved amount is $2,919,782. The loan was approved on 04/08/2020 by The Horizon Bank reported 260 jobs and $2,919,782 was used to fund payroll.

Mike raisor ford, inc is Existing or more than 2 years old

MIKE RAISOR FORD, INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MIKE RAISOR FORD, INC

Borrower Address

2051 Sagamore Parkway South

Borrower City

LAFAYETTE

Borrower State

IN

Borrower Zip

47905-5108

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2919782.00

Current Approval Amount

2919782.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47905-5108

CD

IN-04

Jobs Reported

260

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

194633.00

Payroll Proceed

2335826.00

Mortgage Interest Proceed

0.00

Rent Proceed

194633.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

194690

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2952419.56

Forgiveness Date

06/11/2021

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