523 TAP & GRILL INC (IN) - 2020 PPP Loan Borrower Profile (# 1097138604)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 523 TAP & GRILL INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

1097138604

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$168,100

Date Loan was Approved

Mar 12, 2021

Amount Forgiven

$170,103.19

Date Loan was Forgiven

May 19, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

168,097

Lender

1st Source Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

Elkhart, IN

Project Location

Elkhart, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.