PPP Loan information for Ppatel corp

$20,000

Ppatel corp was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/15/2020 by The 1st Source Bank reported 1 jobs and $20,000 was used to fund payroll.

Ppatel corp is New Business or 2 years or less

PPP Loan Search / IN / GRANGER / Ppatel corp

PPATEL CORP

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PPATEL CORP

Borrower Address

50726 Lakeside Dr

Borrower City

GRANGER

Borrower State

IN

Borrower Zip

46530

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRANGER

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46530-0001

CD

IN-02

Jobs Reported

1

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

20135.56

Forgiveness Date

12/23/2020

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