PPP Loan information for All-motive solutions and fabrication inc

$39,000

All-motive solutions and fabrication inc was initially approved for PPP Loan of amount $39,000, the current approved amount is $39,000. The loan was approved on 03/15/2021 by The 1st Source Bank reported 4 jobs and $39,000 was used to fund payroll.

All-motive solutions and fabrication inc is Existing or more than 2 years old

PPP Loan Search / IN / Lapaz / All-motive solutions and fabrication inc

ALL-MOTIVE SOLUTIONS AND FABRICATION INC

Date Approved

03/15/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ALL-MOTIVE SOLUTIONS AND FABRICATION INC

Borrower Address

502 south michigan st

Borrower City

Lapaz

Borrower State

IN

Borrower Zip

46537

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39000.00

Current Approval Amount

39000.00

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

Lapaz

Project County Name

MARSHALL

Project State

IN

Project Zip

46537

CD

IN-02

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38998.00

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

39229.67

Forgiveness Date

10/15/2021

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