Koch Mechanical INC

$496,500 PPP Loan in North Vernon, Indiana

Loan Details

Loan Number
5123507005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$496,500
Current Approval
$496,500
Forgiveness Amount
$502,975
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Koch Mechanical INC
Address
2960 N 4th St
State
Indiana
ZIP Code
47265-5533
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$16.1M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$496,500

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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