Terborg Distributing, Inc.

$291,700 PPP Loan in Demotte, Indiana

Loan Details

Loan Number
4475367010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$291,700
Current Approval
$291,700
Forgiveness Amount
$293,458
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Terborg Distributing, Inc.
Address
8946 N 700w
State
Indiana
ZIP Code
46310-9764
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722310)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-04

Loan Use Breakdown

Payroll
$291,700

Lender Information

Servicing Lender
Demotte State Bank
Originating Lender
Demotte State Bank

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