PPP Loan information for Geater machining & manufactoring, co.

$4,453,300

Geater machining & manufactoring, co. was initially approved for PPP Loan of amount $4,453,300, the current approved amount is $4,453,300. The loan was approved on 04/05/2020 by The Northeast Security Bank reported 250 jobs and $4,453,300 was used to fund payroll.

Geater machining & manufactoring, co. is Existing or more than 2 years old

GEATER MACHINING & MANUFACTORING, CO.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GEATER MACHINING & MANUFACTORING, CO.

Borrower Address

901 12th St NE

Borrower City

INDEPENDENCE

Borrower State

IA

Borrower Zip

50644-1016

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4453300.00

Current Approval Amount

4453300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25019

Servicing Lender Name

Northeast Security Bank

Servicing Lender Address

1150 W 1st St

Servicing Lender City

SUMNER

Servicing Lender State

IA

Servicing Lender Zip

50674-1434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

BUCHANAN

Project State

IA

Project Zip

50644-1016

CD

IA-02

Jobs Reported

250

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4453300.00

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

25019

Originating Lender

Northeast Security Bank

Originating Lender City

SUMNER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4498687.06

Forgiveness Date

04/21/2021

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