PPP Loan information for Sims meat processing inc

$53,000

Sims meat processing inc was initially approved for PPP Loan of amount $53,000, the current approved amount is $53,000. The loan was approved on 04/29/2020 by The 1st Source Bank reported 17 jobs and $53,000 was used to fund payroll.

Sims meat processing inc is Existing or more than 2 years old

SIMS MEAT PROCESSING INC

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SIMS MEAT PROCESSING INC

Borrower Address

6961 3rd Rd

Borrower City

La Porte

Borrower State

IN

Borrower Zip

46350

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53000.00

Current Approval Amount

53000.00

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

46350-0001

CD

IN-02

Jobs Reported

17

NAICS Code

311612

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53477.00

Forgiveness Date

03/25/2021

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