PPP Loan information for Ferrer mechanical services

$849,933

Ferrer mechanical services was initially approved for PPP Loan of amount $849,933, the current approved amount is $849,933. The loan was approved on 04/08/2020 by The First Merchants Bank reported 75 jobs and $849,933 was used to fund payroll.

Ferrer mechanical services is Existing or more than 2 years old

FERRER MECHANICAL SERVICES

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FERRER MECHANICAL SERVICES

Borrower Address

5545 W RAYMOND ST Suite D

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46241-4306

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

849932.50

Current Approval Amount

849932.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46241-4306

CD

IN-07

Jobs Reported

75

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

849932.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

856289.53

Forgiveness Date

01/14/2021

;