PPP Loan information for Obeco inc.

$396,200

Obeco inc. was initially approved for PPP Loan of amount $396,200, the current approved amount is $396,200. The loan was approved on 04/13/2020 by The 1st Source Bank reported 47 jobs and $396,200 was used to fund payroll.

Obeco inc. is Existing or more than 2 years old

OBECO INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

OBECO INC.

Borrower Address

2521 Industrial Parkway

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46516-5400

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396200.00

Current Approval Amount

396200.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46516-5400

CD

IN-02

Jobs Reported

47

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

396200.00

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

Unanswered

Non Profit

Forgiveness Amount

398390.11

Forgiveness Date

11/03/2020

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