PPP Loan information for Central iowa machine shop, inc

$78,924

Central iowa machine shop, inc was initially approved for PPP Loan of amount $78,924, the current approved amount is $78,924. The loan was approved on 04/13/2020 by The Farmers Savings Bank reported 12 jobs and $78,924 was used to fund payroll.

Central iowa machine shop, inc is Existing or more than 2 years old

CENTRAL IOWA MACHINE SHOP, INC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CENTRAL IOWA MACHINE SHOP, INC

Borrower Address

801 N. 4TH AVE BOX 995

Borrower City

MARSHALLTOWN

Borrower State

IA

Borrower Zip

50158-1852

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78924.00

Current Approval Amount

78924.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24590

Servicing Lender Name

Farmers Savings Bank

Servicing Lender Address

205 W Main St

Servicing Lender City

Marshalltown

Servicing Lender State

IA

Servicing Lender Zip

50158-2951

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARSHALLTOWN

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-1852

CD

IA-04

Jobs Reported

12

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78924.00

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

24590

Originating Lender

Farmers Savings Bank

Originating Lender City

Marshalltown

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

79312.04

Forgiveness Date

10/13/2020

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