PPP Loan information for R & j cartage inc

$721,787

R & j cartage inc was initially approved for PPP Loan of amount $721,787, the current approved amount is $721,787. The loan was approved on 03/25/2021 by The First Merchants Bank reported 42 jobs and $721,787 was used to fund payroll.

R & j cartage inc is Existing or more than 2 years old

R & J CARTAGE INC

Date Approved

03/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

R & J CARTAGE INC

Borrower Address

75 E US Highway 20

Borrower City

Porter

Borrower State

IN

Borrower Zip

46304-1397

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

721787.00

Current Approval Amount

721787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Porter

Project County Name

PORTER

Project State

IN

Project Zip

46304-1397

CD

IN-01

Jobs Reported

42

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

721787.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

729795.87

Forgiveness Date

05/10/2022

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