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Ascot Enterprises INC

$1,261,000 PPP Loan in Nappanee, Indiana

Loan Details

Loan Number
5824187008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,261,000
Current Approval
$1,261,000
Forgiveness Amount
$1,267,979
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ascot Enterprises INC
Address
503 South Main Street
City
Nappanee
State
Indiana
ZIP Code
46550-2531
Business Type
Corporation
Industry (NAICS)
Manufacturing (314120)
Business Age
Existing or more than 2 years old
Jobs Reported
231
Estimated Revenue
$81.5M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$945,750
Rent
$315,250

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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