PPP Loan information for Independence excavating, inc.

$10,000,000

Independence excavating, inc. was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/07/2020 by The Truist Bank reported 469 jobs and $10,000,000 was used to fund payroll.

Independence excavating, inc. is Existing or more than 2 years old

PPP Loan Search / OH / INDEPENDENCE / Independence excavating, inc.

INDEPENDENCE EXCAVATING, INC.

Date Approved

04/07/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

INDEPENDENCE EXCAVATING, INC.

Borrower Address

5720 Schaaf Road

Borrower City

INDEPENDENCE

Borrower State

OH

Borrower Zip

44131-1396

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44131-1396

CD

OH-07

Jobs Reported

469

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10117500.00

Forgiveness Date

06/15/2021

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