PPP Loan information for Packaging logic, inc.

$377,422

Packaging logic, inc. was initially approved for PPP Loan of amount $377,422, the current approved amount is $377,422. The loan was approved on 04/08/2020 by The Horizon Bank reported 36 jobs and $377,422 was used to fund payroll.

Packaging logic, inc. is New Business or 2 years or less

PPP Loan Search / IN / LA PORTE / Packaging logic, inc.

PACKAGING LOGIC, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PACKAGING LOGIC, INC.

Borrower Address

239 Factory Street

Borrower City

LA PORTE

Borrower State

IN

Borrower Zip

46350-2624

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377422.00

Current Approval Amount

377422.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LA PORTE

Project County Name

LA PORTE

Project State

IN

Project Zip

46350-2624

CD

IN-01

Jobs Reported

36

NAICS Code

322211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

301937.60

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75484.40

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

379500.41

Forgiveness Date

11/05/2020

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