Velko Hinge, Inc.

$244,392 PPP Loan in Munster, Indiana

Loan Details

Loan Number
8268617008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$244,392
Current Approval
$244,393
Forgiveness Amount
$245,725
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Velko Hinge, Inc.
Address
9325 Kennedy Ct
State
Indiana
ZIP Code
46321-2817
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332510)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$195,515
Utilities
$48,878

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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