PPP Loan information for Ferrise enterprises llc

$350,000

Ferrise enterprises llc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 03/18/2021 by The 1st Source Bank reported 45 jobs and $350,000 was used to fund payroll.

Ferrise enterprises llc is Existing or more than 2 years old

FERRISE ENTERPRISES LLC

Date Approved

03/18/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

FERRISE ENTERPRISES LLC

Borrower Address

445 E Morse St

Borrower City

Markle

Borrower State

IN

Borrower Zip

46770-9515

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

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

Markle

Project County Name

WELLS

Project State

IN

Project Zip

46770-9515

CD

IN-03

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

349998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354229.17

Forgiveness Date

06/01/2022

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