Custom Magnetics INC

$239,700 PPP Loan in North Manchester, Indiana

Loan Details

Loan Number
9901148605
Date Approved
Mar 26, 2021
Loan Status
Paid in Full
Initial Approval
$239,700
Current Approval
$239,700
Forgiveness Amount
$241,388
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Custom Magnetics INC
Address
801 W Main St
State
Indiana
ZIP Code
46962-1452
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.8M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$239,696
Utilities
$1

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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