PPP Loan information for Wernle children's home

$1,208,500

Wernle children's home was initially approved for PPP Loan of amount $1,208,500, the current approved amount is $1,208,500. The loan was approved on 04/04/2020 by The First Bank Richmond reported 145 jobs and $1,208,500 was used to fund payroll.

Wernle children's home is Existing or more than 2 years old

WERNLE CHILDREN'S HOME

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WERNLE CHILDREN'S HOME

Borrower Address

2000 WERNLE RD

Borrower City

RICHMOND

Borrower State

IN

Borrower Zip

47374-7015

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1208500.00

Current Approval Amount

1208500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79589

Servicing Lender Name

First Bank Richmond

Servicing Lender Address

20 N 9th St

Servicing Lender City

RICHMOND

Servicing Lender State

IN

Servicing Lender Zip

47374-3170

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

WAYNE

Project State

IN

Project Zip

47374-7015

CD

IN-06

Jobs Reported

145

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28500.00

Payroll Proceed

960000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

220000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

79589

Originating Lender

First Bank Richmond

Originating Lender City

RICHMOND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1217373.37

Forgiveness Date

01/07/2021

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