PPP Loan information for Karl weis auto body shop inc

$112,500

Karl weis auto body shop inc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 03/10/2021 by The 1st Source Bank reported 10 jobs and $112,500 was used to fund payroll.

Karl weis auto body shop inc is Existing or more than 2 years old

KARL WEIS AUTO BODY SHOP INC

Date Approved

03/10/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KARL WEIS AUTO BODY SHOP INC

Borrower Address

52073 Indiana State Route 933

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46637-3845

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

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

South Bend

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46637-3845

CD

IN-02

Jobs Reported

10

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

Non-Veteran

Non Profit

Forgiveness Amount

113784.38

Forgiveness Date

04/28/2022

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