80/20 INC

$3,909,000 PPP Loan in Columbia City, Indiana

Loan Details

Loan Number
5409677005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$3,909,000
Current Approval
$3,909,000
Forgiveness Amount
$3,954,730
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
80/20 INC
Address
1701 South 400 East
State
Indiana
ZIP Code
46725-8753
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
415
Estimated Revenue
$101.4M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$3,127,200
Utilities
$781,800

Lender Information

Servicing Lender
Star Financial Bank
Originating Lender
Star Financial Bank

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