PPP Loan information for Controlled materials & equipment trans.

$162,187

Controlled materials & equipment trans. was initially approved for PPP Loan of amount $162,187, the current approved amount is $162,187. The loan was approved on 04/07/2020 by The Midstates Bank, National Association reported 14 jobs and $162,187 was used to fund payroll.

Controlled materials & equipment trans. is Existing or more than 2 years old

CONTROLLED MATERIALS & EQUIPMENT TRANS.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CONTROLLED MATERIALS & EQUIPMENT TRANS.

Borrower Address

1201 S 6TH ST

Borrower City

COUNCIL BLUFFS

Borrower State

IA

Borrower Zip

51501-6448

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162187.00

Current Approval Amount

162187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25068

Servicing Lender Name

Midstates Bank, National Association

Servicing Lender Address

1851 Madison Ave, Ste 732

Servicing Lender City

COUNCIL BLUFFS

Servicing Lender State

IA

Servicing Lender Zip

51503-3602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COUNCIL BLUFFS

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51501-6448

CD

IA-04

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

130187.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25068

Originating Lender

Midstates Bank, National Association

Originating Lender City

COUNCIL BLUFFS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

163092.54

Forgiveness Date

11/03/2020

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