Culver Tool & Engineering, Inc.

$2,410,900 PPP Loan in Plymouth, Indiana

Loan Details

Loan Number
6118877000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,410,900
Current Approval
$2,410,900
Forgiveness Amount
$2,450,211
Forgiveness Date
Nov 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Culver Tool & Engineering, Inc.
Address
2121 Walter Glaub Dr
State
Indiana
ZIP Code
46563-3428
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
185
Estimated Revenue
$51.7M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$1,998,993
Rent
$50,300
Utilities
$35,962
Health Care
$293,645
Debt Interest
$32,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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