PPP Loan information for Ashing machine & tool co.

$141,205

Ashing machine & tool co. was initially approved for PPP Loan of amount $141,205, the current approved amount is $141,205. The loan was approved on 04/06/2020 by The Grinnell State Bank reported 10 jobs and $141,205 was used to fund payroll.

Ashing machine & tool co. is Existing or more than 2 years old

PPP Loan Search / IA / GRINNELL / Ashing machine & tool co.

ASHING MACHINE & TOOL CO.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ASHING MACHINE & TOOL CO.

Borrower Address

725 Penrose Street

Borrower City

GRINNELL

Borrower State

IA

Borrower Zip

50112-2218

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141205.00

Current Approval Amount

141205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRINNELL

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-2218

CD

IA-02

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

110000.00

Mortgage Interest Proceed

25000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1205.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

142417.01

Forgiveness Date

02/17/2021

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