PPP Loan information for South bend form tool company inc

$150,000

South bend form tool company inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/14/2020 by The 1st Source Bank reported 16 jobs and $150,000 was used to fund payroll.

South bend form tool company inc is Existing or more than 2 years old

SOUTH BEND FORM TOOL COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SOUTH BEND FORM TOOL COMPANY INC

Borrower Address

408 W Indiana Ave

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46613-2018

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

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

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46613-2018

CD

IN-02

Jobs Reported

16

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

Non-Veteran

Non Profit

Forgiveness Amount

150908.33

Forgiveness Date

11/30/2020

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