Swanel, Inc.

$427,770 PPP Loan in Hammond, Indiana

Loan Details

Loan Number
8921497002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$427,770
Current Approval
$427,770
Forgiveness Amount
$430,653
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Swanel, Inc.
Address
6044 Erie Ave
State
Indiana
ZIP Code
46320-2532
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424450)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$342,216
Rent
$28,518
Utilities
$28,518
Mortgage Interest
$28,518

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

Other PPP Loans in Hammond, IN

BusinessApproved
Specialty Steel Works Incorporated$10,000,000NewBizBotAI Deep Dive
S\tec Group, Inc.$3,413,000NewBizBotAI Deep Dive
Code Red Safety & Rental, LLC$3,152,500NewBizBotAI Deep Dive
Korellis Roofing, INC$2,827,900NewBizBotAI Deep Dive
Morrison Construction Company, Inc.$2,533,300NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free