PPP Loan information for Indiana material transfer inc

$252,000

Indiana material transfer inc was initially approved for PPP Loan of amount $252,000, the current approved amount is $252,000. The loan was approved on 04/09/2020 by The First Merchants Bank reported 18 jobs and $252,000 was used to fund payroll.

Indiana material transfer inc is Existing or more than 2 years old

PPP Loan Search / IN / HAMMOND / Indiana material transfer inc

INDIANA MATERIAL TRANSFER INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INDIANA MATERIAL TRANSFER INC

Borrower Address

7104 CLINE AVE

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46323-2501

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252000.00

Current Approval Amount

252000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46323-2501

CD

IN-01

Jobs Reported

18

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

252000.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253781.26

Forgiveness Date

12/31/2020

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