Topp Industries Incorporated

$1,021,500 PPP Loan in Rochester, Indiana

Loan Details

Loan Number
7715467009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,021,500
Current Approval
$1,021,500
Forgiveness Amount
$1,029,842
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Topp Industries Incorporated
Address
420 State Road 25 Po Box 420
State
Indiana
ZIP Code
46975-9700
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
112
Estimated Revenue
$111.1M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$816,000
Rent
$63,185
Utilities
$76,315
Health Care
$37,000
Debt Interest
$29,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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