Custom Magnetics, Inc.
$252,000 PPP Loan in North Manchester, Indiana
Loan Details
- Loan Number
- 6474717103
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $252,000
- Current Approval
- $252,000
- Forgiveness Amount
- $254,976
- Forgiveness Date
- Jun 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Custom Magnetics, Inc.
- Address
- 801 W Main St
- City
- North Manchester
- State
- Indiana
- ZIP Code
- 46962-1452
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334416)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $9.2M
- Rural/Urban
- Rural
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $252,000
Lender Information
- Servicing Lender
- First Financial Bank
- Originating Lender
- First Financial Bank
Other PPP Loans in North Manchester, IN
| Business | Approved | |
|---|---|---|
| Manchester University | $4,503,300 | |
| Strauss Veal Feeds INC | $1,392,500 | |
| Church of the Brethren Home, Inc. | $1,227,500 | |
| Manchester Toll and Die INC | $1,096,300 | |
| Manchester Tool & Die INC | $1,096,300 |
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