PPP Loan information for Central iowa mechanical company

$1,135,245

Central iowa mechanical company was initially approved for PPP Loan of amount $1,135,245, the current approved amount is $1,135,245. The loan was approved on 02/04/2021 by The City State Bank reported 50 jobs and $1,135,245 was used to fund payroll.

Central iowa mechanical company is Existing or more than 2 years old

CENTRAL IOWA MECHANICAL COMPANY

Date Approved

02/04/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

CENTRAL IOWA MECHANICAL COMPANY

Borrower Address

204 SW 2nd St

Borrower City

Des Moines

Borrower State

IA

Borrower Zip

50309-4706

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1135245.00

Current Approval Amount

1135245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25318

Servicing Lender Name

City State Bank

Servicing Lender Address

801 Main St

Servicing Lender City

NORWALK

Servicing Lender State

IA

Servicing Lender Zip

50211-1322

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50309-4706

CD

IA-03

Jobs Reported

50

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1135242.00

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

25318

Originating Lender

City State Bank

Originating Lender City

NORWALK

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1145446.65

Forgiveness Date

01/03/2022

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