PPP Loan information for Franken implement, inc.

$108,000

Franken implement, inc. was initially approved for PPP Loan of amount $108,000, the current approved amount is $108,000. The loan was approved on 04/04/2020 by The American State Bank reported 12 jobs and $108,000 was used to fund payroll.

Franken implement, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ROCK VALLEY / Franken implement, inc.

FRANKEN IMPLEMENT, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FRANKEN IMPLEMENT, INC.

Borrower Address

2782 360th St

Borrower City

ROCK VALLEY

Borrower State

IA

Borrower Zip

51247-7511

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108000.00

Current Approval Amount

108000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK VALLEY

Project County Name

SIOUX

Project State

IA

Project Zip

51247-7511

CD

IA-04

Jobs Reported

12

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5400.00

Payroll Proceed

94500.00

Mortgage Interest Proceed

8100.00

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

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108952.77

Forgiveness Date

03/02/2021

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