Classic Products Corp

$1,013,000 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
5522477006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,013,000
Current Approval
$1,013,000
Forgiveness Amount
$1,023,440
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Classic Products Corp
Address
4617 Industrial Rd
State
Indiana
ZIP Code
46825-5205
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$31.9M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$652,604
Rent
$146,418
Utilities
$84,364
Health Care
$107,152
Debt Interest
$22,462

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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