PPP Loan information for Stone belt arc, inc.

$3,112,500

Stone belt arc, inc. was initially approved for PPP Loan of amount $3,112,500, the current approved amount is $3,112,500. The loan was approved on 04/15/2020 by The Old National Bank reported 500 jobs and $3,112,500 was used to fund payroll.

Stone belt arc, inc. is Existing or more than 2 years old

STONE BELT ARC, INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

STONE BELT ARC, INC.

Borrower Address

2815 E 10th St

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47408

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3112500.00

Current Approval Amount

3112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MONROE

Project State

IN

Project Zip

47408-0004

CD

IN-09

Jobs Reported

500

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3112500.00

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

Non-Profit Organization

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3147291.78

Forgiveness Date

06/11/2021

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