PPP Loan information for Beames welding and repair inc

$91,000

Beames welding and repair inc was initially approved for PPP Loan of amount $91,000, the current approved amount is $91,000. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 14 jobs and $91,000 was used to fund payroll.

Beames welding and repair inc is Existing or more than 2 years old

PPP Loan Search / IA / BURLINGTON / Beames welding and repair inc

BEAMES WELDING AND REPAIR INC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BEAMES WELDING AND REPAIR INC

Borrower Address

10962 Mill Dam Rd

Borrower City

BURLINGTON

Borrower State

IA

Borrower Zip

52601

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91000.00

Current Approval Amount

91000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-0001

CD

IA-01

Jobs Reported

14

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5687.50

Payroll Proceed

68250.00

Mortgage Interest Proceed

5687.50

Rent Proceed

5687.50

Refinance EIDL Proceed

0.00

Health Care Proceed

5687.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91672.39

Forgiveness Date

01/08/2021

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