PPP Loan information for Hoosier spring co inc

$1,293,400

Hoosier spring co inc was initially approved for PPP Loan of amount $1,661,000, the current approved amount is $1,293,400. The loan was approved on 04/14/2020 by The 1st Source Bank reported 117 jobs and $1,293,400 was used to fund payroll.

Hoosier spring co inc is Existing or more than 2 years old

HOOSIER SPRING CO INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HOOSIER SPRING CO INC

Borrower Address

4604 S Burnett Dr

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46614-3822

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1661000.00

Current Approval Amount

1293400.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46614-3822

CD

IN-02

Jobs Reported

117

NAICS Code

332613

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1293400.00

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

Corporation

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

1300585.56

Forgiveness Date

11/03/2020

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