PPP Loan information for Eti inc

$521,600

Eti inc was initially approved for PPP Loan of amount $521,600, the current approved amount is $521,600. The loan was approved on 02/24/2021 by The 1st Source Bank reported 30 jobs and $521,600 was used to fund payroll.

Eti inc is Existing or more than 2 years old

ETI INC

Date Approved

02/24/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ETI INC

Borrower Address

1850 N Sheridan St

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46628-1525

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

521600.00

Current Approval Amount

521600.00

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

46628-1525

CD

IN-02

Jobs Reported

30

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

521596.00

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

525526.49

Forgiveness Date

11/24/2021

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