Peerless Machine & Tool Corp

$896,100 PPP Loan in Marion, Indiana

Loan Details

Loan Number
2931188605
Date Approved
Mar 16, 2021
Loan Status
Paid in Full
Initial Approval
$896,100
Current Approval
$896,100
Forgiveness Amount
$900,372
Forgiveness Date
Sep 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Peerless Machine & Tool Corp
Address
1804 W 2nd St
City
Marion
State
Indiana
ZIP Code
46952-3362
Business Type
Trust
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$14.4M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$896,099
Utilities
$1

Lender Information

Servicing Lender
Star Financial Bank
Originating Lender
Star Financial Bank

Other PPP Loans in Marion, IN

BusinessApproved
National Machinery & Conveyor, Inc.$2,906,822NewBizBotResearch
Hartson-Kennedy Cabinet Top Co, INC$2,644,500NewBizBotResearch
The Collins Group Inc.$2,385,665NewBizBotResearch
Mcclure Holdings Corporation$2,090,200NewBizBotResearch
Marion All Star Indiana INC$1,714,883NewBizBotResearch

Want to research this company further?

Try NewBizBot free