Loughmiller Machine, Tool & Design, INC

$491,300 PPP Loan in Loogootee, Indiana

Loan Details

Loan Number
4660347006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$491,300
Current Approval
$491,300
Forgiveness Amount
$494,384
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Loughmiller Machine, Tool & Design, INC
Address
12851 E 150 N
State
Indiana
ZIP Code
47553-5385
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
IN-08

Loan Use Breakdown

Payroll
$491,300

Lender Information

Servicing Lender
Springs Valley Bank & Trust Company
Originating Lender
Springs Valley Bank & Trust Company

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