PPP Loan information for Scheid diesel service co inc

$695,545

Scheid diesel service co inc was initially approved for PPP Loan of amount $695,545, the current approved amount is $695,545. The loan was approved on 04/10/2020 by The First Farmers Bank & Trust Co. reported 50 jobs and $695,545 was used to fund payroll.

Scheid diesel service co inc is Existing or more than 2 years old

PPP Loan Search / IN / Terre Haute / Scheid diesel service co inc

SCHEID DIESEL SERVICE CO INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SCHEID DIESEL SERVICE CO INC

Borrower Address

Scheid Diesel Service Co Inc

Borrower City

Terre Haute

Borrower State

IN

Borrower Zip

47805

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

695545.00

Current Approval Amount

695545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Terre Haute

Project County Name

VIGO

Project State

IN

Project Zip

47805-0001

CD

IN-08

Jobs Reported

50

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

695545.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

699279.98

Forgiveness Date

11/03/2020

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