PPP Loan information for Snavely's machine and mfg. co. inc.

$1,986,000

Snavely's machine and mfg. co. inc. was initially approved for PPP Loan of amount $1,986,000, the current approved amount is $1,986,000. The loan was approved on 02/11/2021 by The The Huntington National Bank reported 193 jobs and $1,986,000 was used to fund payroll.

Snavely's machine and mfg. co. inc. is Existing or more than 2 years old

SNAVELY'S MACHINE AND MFG. CO. INC.

Date Approved

02/11/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SNAVELY'S MACHINE AND MFG. CO. INC.

Borrower Address

1070 Industrial Pkwy

Borrower City

Peru

Borrower State

IN

Borrower Zip

46970-9589

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1986000.00

Current Approval Amount

1986000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peru

Project County Name

MIAMI

Project State

IN

Project Zip

46970-9589

CD

IN-02

Jobs Reported

193

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1985997.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1996501.32

Forgiveness Date

08/25/2021

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