PPP Loan information for Custom iron, inc.

$212,903

Custom iron, inc. was initially approved for PPP Loan of amount $218,172, the current approved amount is $212,903. The loan was approved on 04/13/2020 by The Frandsen Bank & Trust reported 24 jobs and $212,903 was used to fund payroll.

Custom iron, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ZUMBROTA / Custom iron, inc.

CUSTOM IRON, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CUSTOM IRON, INC.

Borrower Address

400 E. 1st Street

Borrower City

ZUMBROTA

Borrower State

MN

Borrower Zip

55992-1581

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218172.00

Current Approval Amount

212902.68

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZUMBROTA

Project County Name

GOODHUE

Project State

MN

Project Zip

55992-1581

CD

MN-01

Jobs Reported

24

NAICS Code

332323

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

212902.68

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

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214079.56

Forgiveness Date

11/03/2020

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