PPP Loan information for Geater machining & manufacturing co.

$2,000,000

Geater machining & manufacturing co. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The Northeast Security Bank reported 232 jobs and $2,000,000 was used to fund payroll.

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

PPP Loan Search / IA / Independence / Geater machining & manufacturing co.

GEATER MACHINING & MANUFACTURING CO.

Date Approved

01/28/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

GEATER MACHINING & MANUFACTURING CO.

Borrower Address

901 12th St NE

Borrower City

Independence

Borrower State

IA

Borrower Zip

50644-1016

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

232

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

2008657.53

Forgiveness Date

07/12/2021

;