Stranco, Inc.
$350,952 PPP Loan in Michigan City, Indiana
Loan Details
- Loan Number
- 8928787009
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $350,952
- Current Approval
- $350,952
- Forgiveness Amount
- $354,173
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Stranco, Inc.
- Address
- 1306 W US Hwy 20
- City
- Michigan City
- State
- Indiana
- ZIP Code
- 46360
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $8.4M
- Rural/Urban
- Rural
- Congressional District
- IN-01
Loan Use Breakdown
- Payroll
- $280,762
- Utilities
- $70,190
Lender Information
- Servicing Lender
- Horizon Bank
- Originating Lender
- Horizon Bank
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