PPP Loan information for South central indiana regional economic development cor

$22,934

South central indiana regional economic development cor was initially approved for PPP Loan of amount $22,934, the current approved amount is $22,934. The loan was approved on 01/20/2021 by The Springs Valley Bank & Trust Company reported 2 jobs and $22,934 was used to fund payroll.

South central indiana regional economic development cor is Existing or more than 2 years old

SOUTH CENTRAL INDIANA REGIONAL ECONOMIC DEVELOPMENT COR

Date Approved

01/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SOUTH CENTRAL INDIANA REGIONAL ECONOMIC DEVELOPMENT COR

Borrower Address

505 S Maple St

Borrower City

French Lick

Borrower State

IN

Borrower Zip

47432-1041

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22933.56

Current Approval Amount

22933.56

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23165

Servicing Lender Name

Springs Valley Bank & Trust Company

Servicing Lender Address

8482 W State Road 56

Servicing Lender City

FRENCH LICK

Servicing Lender State

IN

Servicing Lender Zip

47432-9619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

French Lick

Project County Name

ORANGE

Project State

IN

Project Zip

47432-1041

CD

IN-08

Jobs Reported

2

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

22928.56

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

Non-Profit Organization

Originating Lender Location Id

23165

Originating Lender

Springs Valley Bank & Trust Company

Originating Lender City

FRENCH LICK

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

23043.52

Forgiveness Date

07/23/2021

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