PPP Loan information for Bowman tool & machining inc

$737,140

Bowman tool & machining inc was initially approved for PPP Loan of amount $737,140, the current approved amount is $737,140. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 60 jobs and $737,140 was used to fund payroll.

Bowman tool & machining inc is New Business or 2 years or less

PPP Loan Search / MN / ROCHESTER / Bowman tool & machining inc

BOWMAN TOOL & MACHINING INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BOWMAN TOOL & MACHINING INC

Borrower Address

660 37TH ST NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-3400

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

737140.00

Current Approval Amount

737140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-3400

CD

MN-01

Jobs Reported

60

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

737140.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

723569.64

Forgiveness Date

06/17/2021

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