PPP Loan information for Binns & stevens explosives, inc.

$288,600

Binns & stevens explosives, inc. was initially approved for PPP Loan of amount $288,600, the current approved amount is $288,600. The loan was approved on 04/12/2020 by The MidWestOne Bank reported 23 jobs and $288,600 was used to fund payroll.

Binns & stevens explosives, inc. is Existing or more than 2 years old

BINNS & STEVENS EXPLOSIVES, INC.

Date Approved

04/12/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BINNS & STEVENS EXPLOSIVES, INC.

Borrower Address

1503 17TH AVE E

Borrower City

OSKALOOSA

Borrower State

IA

Borrower Zip

52577-3558

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288600.00

Current Approval Amount

288600.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSKALOOSA

Project County Name

MAHASKA

Project State

IA

Project Zip

52577-3558

CD

IA-01

Jobs Reported

23

NAICS Code

325920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18037.50

Payroll Proceed

216450.00

Mortgage Interest Proceed

18037.50

Rent Proceed

18037.50

Refinance EIDL Proceed

0.00

Health Care Proceed

18037.50

Debt Interest Proceed

0

Business Type

Subchapter S 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

290836.65

Forgiveness Date

01/20/2021

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