PPP Loan information for Foundry equipment company

$88,400

Foundry equipment company was initially approved for PPP Loan of amount $88,400, the current approved amount is $88,400. The loan was approved on 04/15/2020 by The Hills Bank and Trust Company reported 6 jobs and $88,400 was used to fund payroll.

Foundry equipment company is Existing or more than 2 years old

PPP Loan Search / IA / SOLON / Foundry equipment company

FOUNDRY EQUIPMENT COMPANY

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FOUNDRY EQUIPMENT COMPANY

Borrower Address

930 MARKET ST

Borrower City

SOLON

Borrower State

IA

Borrower Zip

52333-8831

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88400.00

Current Approval Amount

88400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON

Project County Name

JOHNSON

Project State

IA

Project Zip

52333-8831

CD

IA-01

Jobs Reported

6

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88400.00

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

Corporation

Originating Lender Location Id

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89026.17

Forgiveness Date

01/07/2021

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