PPP Loan information for Models plus llc

$298,095

Models plus llc was initially approved for PPP Loan of amount $335,437, the current approved amount is $298,095. The loan was approved on 04/10/2020 by The Horizon Bank reported 49 jobs and $298,095 was used to fund payroll.

Models plus llc is Existing or more than 2 years old

MODELS PLUS LLC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODELS PLUS LLC

Borrower Address

605 Grayton Road, PO Box 600

Borrower City

KINGSFORD HEIGHTS

Borrower State

IN

Borrower Zip

46346

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335437.00

Current Approval Amount

298095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSFORD HEIGHTS

Project County Name

LA PORTE

Project State

IN

Project Zip

46346-0001

CD

IN-02

Jobs Reported

49

NAICS Code

339114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14904.00

Payroll Proceed

238476.00

Mortgage Interest Proceed

14904.00

Rent Proceed

14904.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14907.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

289539.42

Forgiveness Date

11/05/2020

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