Benson Motorcycles, INC

$191,000 PPP Loan in Muncie, Indiana

Loan Details

Loan Number
5445687103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$191,000
Current Approval
$191,000
Forgiveness Amount
$192,248
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Benson Motorcycles, INC
Address
6410 N Mcgalliard Rd
City
Muncie
State
Indiana
ZIP Code
47304-9463
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336991)
Franchise
Harley Davidson - Motor Cycle Dealer Contract
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$169,200
Rent
$3,800
Mortgage Interest
$18,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

Other PPP Loans in Muncie, IN

BusinessApproved
Rochester Metal Products Corp.$4,043,100NewBizBotAI Deep Dive
Youth Opportunity Center, Inc.$3,571,900NewBizBotAI Deep Dive
Central Indiana Orthopedics, PC$3,490,000NewBizBotAI Deep Dive
Delaware Dynamics LLC$2,167,160NewBizBotAI Deep Dive
Hillcroft Services Inc.$2,024,232NewBizBotAI Deep Dive

Want to research this company further?