Northern Indiana Axle, LLC
$192,500 PPP Loan in Nappanee, Indiana
Loan Details
- Loan Number
- 8348427010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $192,500
- Current Approval
- $192,500
- Forgiveness Amount
- $194,361
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Northern Indiana Axle, LLC
- Address
- 1780 West Market Street
- City
- Nappanee
- State
- Indiana
- ZIP Code
- 46550-9046
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (332721)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $170,800
- Rent
- $7,000
- Utilities
- $5,000
- Debt Interest
- $9,700
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
Other PPP Loans in Nappanee, IN
| Business | Approved | |
|---|---|---|
| Challenger Door, Llc. | $4,891,500 | |
| Atc Trailers Holdings, Inc. | $4,841,200 | |
| Gulf Stream Coach, Inc. | $4,286,300 | |
| Intech Trailers Inc. | $2,304,700 | |
| Chase Manufacturing, LLC | $1,327,200 |
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