PPP Loan information for Industrial rubber & hydraulics, inc.

$37,600

Industrial rubber & hydraulics, inc. was initially approved for PPP Loan of amount $37,600, the current approved amount is $37,600. The loan was approved on 04/29/2020 by The The Fountain Trust Company reported 3 jobs and $37,600 was used to fund payroll.

Industrial rubber & hydraulics, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Industrial rubber & hydraulics, inc.

INDUSTRIAL RUBBER & HYDRAULICS, INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDUSTRIAL RUBBER & HYDRAULICS, INC.

Borrower Address

2670 E Garfield Ave

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-5325

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37600.00

Current Approval Amount

37600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23032

Servicing Lender Name

The Fountain Trust Company

Servicing Lender Address

615 Third St

Servicing Lender City

COVINGTON

Servicing Lender State

IN

Servicing Lender Zip

47932-1165

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-5325

CD

IL-13

Jobs Reported

3

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37600.00

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

Subchapter S Corporation

Originating Lender Location Id

23032

Originating Lender

The Fountain Trust Company

Originating Lender City

COVINGTON

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37854.44

Forgiveness Date

01/07/2021

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