PPP Loan information for Muncie metal spinning inc

$39,920

Muncie metal spinning inc was initially approved for PPP Loan of amount $39,920, the current approved amount is $39,920. The loan was approved on 06/17/2020 by The First Merchants Bank reported 6 jobs and $39,920 was used to fund payroll.

Muncie metal spinning inc is Existing or more than 2 years old

MUNCIE METAL SPINNING INC

Date Approved

06/17/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MUNCIE METAL SPINNING INC

Borrower Address

1100 E 20TH ST

Borrower City

MUNCIE

Borrower State

IN

Borrower Zip

47302-5305

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39920.00

Current Approval Amount

39920.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MUNCIE

Project County Name

DELAWARE

Project State

IN

Project Zip

47302-5305

CD

IN-05

Jobs Reported

6

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39920.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40355.29

Forgiveness Date

07/29/2021

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