PPP Loan information for Met-pak specialties corporation

$230,000

Met-pak specialties corporation was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 01/23/2021 by The 1st Source Bank reported 30 jobs and $230,000 was used to fund payroll.

Met-pak specialties corporation is Existing or more than 2 years old

MET-PAK SPECIALTIES CORPORATION

Date Approved

01/23/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MET-PAK SPECIALTIES CORPORATION

Borrower Address

9910 Airport Dr

Borrower City

Fort Wayne

Borrower State

IN

Borrower Zip

46809-3041

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

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

Fort Wayne

Project County Name

ALLEN

Project State

IN

Project Zip

46809-3041

CD

IN-03

Jobs Reported

30

NAICS Code

322220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

229998.00

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

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

231386.39

Forgiveness Date

09/01/2021

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