PPP Loan information for General machine works company

$327,374

General machine works company was initially approved for PPP Loan of amount $327,374, the current approved amount is $327,374. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 29 jobs and $327,374 was used to fund payroll.

General machine works company is Existing or more than 2 years old

PPP Loan Search / IA / SPENCER / General machine works company

GENERAL MACHINE WORKS COMPANY

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GENERAL MACHINE WORKS COMPANY

Borrower Address

13 1ST ST W

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327374.00

Current Approval Amount

327374.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-0011

CD

IA-04

Jobs Reported

29

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

327374.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330720.49

Forgiveness Date

04/20/2021

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