PPP Loan information for Village electric inc

$56,900

Village electric inc was initially approved for PPP Loan of amount $56,900, the current approved amount is $56,900. The loan was approved on 04/28/2020 by The First Merchants Bank reported 5 jobs and $56,900 was used to fund payroll.

Village electric inc is Existing or more than 2 years old

VILLAGE ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VILLAGE ELECTRIC INC

Borrower Address

8140 Columbia Ave

Borrower City

Dyer

Borrower State

IN

Borrower Zip

46311

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56900.00

Current Approval Amount

56900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dyer

Project County Name

LAKE

Project State

IN

Project Zip

46311-0001

CD

IN-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56900.00

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

57274.14

Forgiveness Date

12/31/2020

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