PPP Loan information for Bachman tool & die, co.

$391,723

Bachman tool & die, co. was initially approved for PPP Loan of amount $819,870, the current approved amount is $391,723. The loan was approved on 04/06/2020 by The BankIowa reported 48 jobs and $391,723 was used to fund payroll.

Bachman tool & die, co. is Existing or more than 2 years old

PPP Loan Search / IA / INDEPENDENCE / Bachman tool & die, co.

BACHMAN TOOL & DIE, CO.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BACHMAN TOOL & DIE, CO.

Borrower Address

1111 4th Avenue NE

Borrower City

INDEPENDENCE

Borrower State

IA

Borrower Zip

50644-1203

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

819870.00

Current Approval Amount

391723.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

BUCHANAN

Project State

IA

Project Zip

50644-1203

CD

IA-02

Jobs Reported

48

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

391723.00

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

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

394105.98

Forgiveness Date

11/20/2020

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