PPP Loan information for Eti inc

$465,000

Eti inc was initially approved for PPP Loan of amount $513,200, the current approved amount is $465,000. The loan was approved on 04/15/2020 by The 1st Source Bank reported 33 jobs and $465,000 was used to fund payroll.

Eti inc is Existing or more than 2 years old

ETI INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ETI INC

Borrower Address

1850 N Sheridan St

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46628

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

513200.00

Current Approval Amount

465000.00

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

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46628-0002

CD

IN-02

Jobs Reported

33

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

465000.00

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

468887.92

Forgiveness Date

02/18/2021

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