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Ayr Cabinet Co INC

$651,900 PPP Loan in Nappanee, Indiana

Loan Details

Loan Number
7783967008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$651,900
Current Approval
$625,000
Forgiveness Amount
$629,844
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ayr Cabinet Co INC
Address
1074 US Highway 6
City
Nappanee
State
Indiana
ZIP Code
46550-9529
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (337110)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.7M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$571,700
Rent
$30,000
Utilities
$23,300

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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