Speedway Construction Products Corp.

$1,220,000 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
5370067001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,220,000
Current Approval
$1,220,000
Forgiveness Amount
$1,228,235
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Speedway Construction Products Corp.
Address
4817 Industrial Rd
State
Indiana
ZIP Code
46825-5209
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$864,000
Rent
$35,000
Utilities
$4,000
Health Care
$314,300
Debt Interest
$2,700

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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