PPP Loan information for Van's industrial inc

$389,760

Van's industrial inc was initially approved for PPP Loan of amount $389,760, the current approved amount is $389,760. The loan was approved on 02/11/2021 by The First Merchants Bank reported 34 jobs and $389,760 was used to fund payroll.

Van's industrial inc is Existing or more than 2 years old

PPP Loan Search / IN / Hammond / Van's industrial inc

VAN'S INDUSTRIAL INC

Date Approved

02/11/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

VAN'S INDUSTRIAL INC

Borrower Address

231 Condit St

Borrower City

Hammond

Borrower State

IN

Borrower Zip

46320-1923

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389760.00

Current Approval Amount

389760.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hammond

Project County Name

LAKE

Project State

IN

Project Zip

46320-1923

CD

IN-01

Jobs Reported

34

NAICS Code

332322

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

389755.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

392055.85

Forgiveness Date

09/21/2021

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