PPP Loan information for Mills electric company, inc.

$47,600

Mills electric company, inc. was initially approved for PPP Loan of amount $47,600, the current approved amount is $47,600. The loan was approved on 04/06/2020 by The American Community Bank of Indiana reported 5 jobs and $47,600 was used to fund payroll.

Mills electric company, inc. is Existing or more than 2 years old

MILLS ELECTRIC COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MILLS ELECTRIC COMPANY, INC.

Borrower Address

4828 CALUMET AVE

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46327-1815

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47600.00

Current Approval Amount

47600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46327-1815

CD

IN-01

Jobs Reported

5

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42800.00

Mortgage Interest Proceed

0.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47847.26

Forgiveness Date

10/20/2020

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