Mears Machine Corporation

$1,779,100 PPP Loan in Avon, Indiana

Loan Details

Loan Number
8311157008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,779,100
Current Approval
$1,779,100
Forgiveness Amount
$1,800,742
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mears Machine Corporation
Address
9973 E US Hwy 36
City
Avon
State
Indiana
ZIP Code
46123-7987
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335991)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$26.2M
Rural/Urban
Urban
Congressional District
IN-04

Loan Use Breakdown

Payroll
$1,779,100

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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