PPP Loan information for Equipment & engineering corp.

$200,828

Equipment & engineering corp. was initially approved for PPP Loan of amount $200,828, the current approved amount is $200,828. The loan was approved on 04/09/2020 by The Lincoln Savings Bank reported 20 jobs and $200,828 was used to fund payroll.

Equipment & engineering corp. is Existing or more than 2 years old

PPP Loan Search / IA / GRIMES / Equipment & engineering corp.

EQUIPMENT & ENGINEERING CORP.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

EQUIPMENT & ENGINEERING CORP.

Borrower Address

1821 SE MIEHE DR STE A

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111-6627

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200827.50

Current Approval Amount

200827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-6627

CD

IA-03

Jobs Reported

20

NAICS Code

221310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10166.00

Payroll Proceed

160661.50

Mortgage Interest Proceed

10000.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191887.65

Forgiveness Date

11/03/2020

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