American Reliance Industries Co.

$911,500 PPP Loan in Shipshewana, Indiana

Loan Details

Loan Number
6186537005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$911,500
Current Approval
$731,000
Forgiveness Amount
$735,406
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Reliance Industries Co.
Address
860 N Tuscany Drive
State
Indiana
ZIP Code
46565-9181
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336211)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$624,180
Rent
$43,000
Utilities
$7,500
Health Care
$56,320

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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