PPP Loan information for American power group, inc.

$153,500

American power group, inc. was initially approved for PPP Loan of amount $153,500, the current approved amount is $153,500. The loan was approved on 04/03/2020 by The Iowa State Bank reported 7 jobs and $153,500 was used to fund payroll.

American power group, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ALGONA / American power group, inc.

AMERICAN POWER GROUP, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AMERICAN POWER GROUP, INC.

Borrower Address

213 N Lantry Street

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-2129

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153500.00

Current Approval Amount

153500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-2129

CD

IA-04

Jobs Reported

7

NAICS Code

333618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153500.00

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

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154395.42

Forgiveness Date

11/09/2020

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