Independent Protection Co., INC

$1,437,500 PPP Loan in New Paris, Indiana

Loan Details

Loan Number
5511617005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,437,500
Current Approval
$1,437,500
Forgiveness Amount
$1,449,280
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Independent Protection Co., INC
Address
67819 State Road 15
State
Indiana
ZIP Code
46553-9115
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336211)
Business Age
Existing or more than 2 years old
Jobs Reported
153
Estimated Revenue
$40.1M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$1,316,500
Rent
$40,000
Utilities
$81,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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