PPP Loan information for Cline tool and service company inc

$1,278,674

Cline tool and service company inc was initially approved for PPP Loan of amount $1,278,674, the current approved amount is $1,278,674. The loan was approved on 04/27/2020 by The First Interstate Bank reported 105 jobs and $1,278,674 was used to fund payroll.

Cline tool and service company inc is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Cline tool and service company inc

CLINE TOOL AND SERVICE COMPANY INC

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CLINE TOOL AND SERVICE COMPANY INC

Borrower Address

1415 E 19th St N

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1278674.00

Current Approval Amount

1278674.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-0001

CD

IA-01

Jobs Reported

105

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1278674.00

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

Cooperative

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1289498.94

Forgiveness Date

03/10/2021

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