PPP Loan information for One way products, inc.

$448,216

One way products, inc. was initially approved for PPP Loan of amount $481,515, the current approved amount is $448,216. The loan was approved on 04/09/2020 by The Horizon Bank reported 28 jobs and $448,216 was used to fund payroll.

One way products, inc. is Existing or more than 2 years old

ONE WAY PRODUCTS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ONE WAY PRODUCTS, INC.

Borrower Address

5933 W KL AVE

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49009-8000

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

481515.00

Current Approval Amount

448216.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-8000

CD

MI-04

Jobs Reported

28

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

29881.07

Payroll Proceed

358572.80

Mortgage Interest Proceed

29881.06

Rent Proceed

29881.07

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

450696.54

Forgiveness Date

11/05/2020

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