Lowe's Pellets & Grain, INC

$474,590 PPP Loan in Greensburg, Indiana

Loan Details

Loan Number
1873617102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$474,590
Current Approval
$474,590
Forgiveness Amount
$477,190
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lowe's Pellets & Grain, INC
Address
2372 W. State Road 46
State
Indiana
ZIP Code
47240
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311119)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$14.8M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$379,672
Rent
$31,636
Utilities
$31,636
Debt Interest
$31,646

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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