PPP Loan information for Fm controls, inc.

$104,800

Fm controls, inc. was initially approved for PPP Loan of amount $104,800, the current approved amount is $104,800. The loan was approved on 04/03/2020 by The Northwest Bank reported 7 jobs and $104,800 was used to fund payroll.

Fm controls, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FORT DODGE / Fm controls, inc.

FM CONTROLS, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FM CONTROLS, INC.

Borrower Address

102 1st Ave S

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-3702

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104800.00

Current Approval Amount

104800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-3702

CD

IA-04

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3749.51

Payroll Proceed

83915.03

Mortgage Interest Proceed

2097.06

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12075.77

Debt Interest Proceed

2962.63

Business Type

Subchapter S Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98397.67

Forgiveness Date

11/20/2020

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