PPP Loan information for Hyndman industrial products, inc.

$268,000

Hyndman industrial products, inc. was initially approved for PPP Loan of amount $268,000, the current approved amount is $268,000. The loan was approved on 04/14/2020 by The 1st Source Bank reported 51 jobs and $268,000 was used to fund payroll.

Hyndman industrial products, inc. is Existing or more than 2 years old

HYNDMAN INDUSTRIAL PRODUCTS, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HYNDMAN INDUSTRIAL PRODUCTS, INC.

Borrower Address

4031 Merchant Rd

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46818

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268000.00

Current Approval Amount

268000.00

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

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46818-0001

CD

IN-03

Jobs Reported

51

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

268000.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

270464.11

Forgiveness Date

03/18/2021

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