PPP Loan information for Jack sater electric

$141,490

Jack sater electric was initially approved for PPP Loan of amount $141,490, the current approved amount is $141,490. The loan was approved on 04/27/2020 by The First Merchants Bank reported 10 jobs and $141,490 was used to fund payroll.

Jack sater electric is Existing or more than 2 years old

JACK SATER ELECTRIC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JACK SATER ELECTRIC

Borrower Address

14416 W Main St

Borrower City

Daleville

Borrower State

IN

Borrower Zip

47334-0292

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141490.00

Current Approval Amount

141490.00

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

Daleville

Project County Name

DELAWARE

Project State

IN

Project Zip

47334-0292

CD

IN-05

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141490.00

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

Unanswered

Non Profit

Forgiveness Amount

132217.70

Forgiveness Date

11/19/2020

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