PPP Loan information for Foamcraft inc

$2,463,000

Foamcraft inc was initially approved for PPP Loan of amount $2,463,000, the current approved amount is $2,463,000. The loan was approved on 04/04/2020 by The Lake City Bank reported 289 jobs and $2,463,000 was used to fund payroll.

Foamcraft inc is Existing or more than 2 years old

FOAMCRAFT INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FOAMCRAFT INC

Borrower Address

9230 HARRISON PARK CT

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46216-1090

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2463000.00

Current Approval Amount

2463000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

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

46216-1090

CD

IN-07

Jobs Reported

289

NAICS Code

326150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

114000.00

Payroll Proceed

1900000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

300000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

129000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2491940.25

Forgiveness Date

06/11/2021

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