PPP Loan information for Advanced mechanical geothermal

$58,594

Advanced mechanical geothermal was initially approved for PPP Loan of amount $58,594, the current approved amount is $58,594. The loan was approved on 01/29/2021 by The CBI Bank & Trust reported 6 jobs and $58,594 was used to fund payroll.

Advanced mechanical geothermal is Existing or more than 2 years old

PPP Loan Search / IA / Davenport / Advanced mechanical geothermal

ADVANCED MECHANICAL GEOTHERMAL

Date Approved

01/29/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

ADVANCED MECHANICAL GEOTHERMAL

Borrower Address

1624 W 3rd St

Borrower City

Davenport

Borrower State

IA

Borrower Zip

52802-1138

Loan Status Date

11/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58593.75

Current Approval Amount

58593.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25284

Servicing Lender Name

CBI Bank & Trust

Servicing Lender Address

301 Iowa Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-3844

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Davenport

Project County Name

SCOTT

Project State

IA

Project Zip

52802-1138

CD

IA-01

Jobs Reported

6

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

58590.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25284

Originating Lender

CBI Bank & Trust

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58901.37

Forgiveness Date

08/13/2021

;