Banks Machine & Engineering, INC
$1,089,900 PPP Loan in Shelbyville, Indiana
Loan Details
- Loan Number
- 6293837301
- Date Approved
- Apr 30, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,089,900
- Current Approval
- $1,089,900
- Forgiveness Amount
- $1,098,589
- Forgiveness Date
- Feb 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Banks Machine & Engineering, INC
- Address
- 1677 West 400 North
- City
- Shelbyville
- State
- Indiana
- ZIP Code
- 46176
- Business Type
- Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561499)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 78
- Estimated Revenue
- $14.8M
- Rural/Urban
- Rural
- Congressional District
- IN-06
Loan Use Breakdown
- Payroll
- $1,089,900
Lender Information
- Servicing Lender
- The National Bank of Indianapolis
- Originating Lender
- The National Bank of Indianapolis
Other PPP Loans in Shelbyville, IN
| Business | Approved | |
|---|---|---|
| Shelby Transport LLC | $3,167,000 |  Research |
| Banks Machine & Engineering INC | $1,173,595 | Research |
| Runnebohm Construction Company, Inc. | $1,133,500 | Research |
| Plymate INC | $1,053,040 | Research |
| Yushiro Manufacturing America, Inc. | $1,001,000 | Research |
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