PPP Loan information for Goerend transmission inc.

$213,952

Goerend transmission inc. was initially approved for PPP Loan of amount $213,952, the current approved amount is $213,952. The loan was approved on 05/18/2021 by The Kerndt Brothers Savings Bank reported 20 jobs and $213,952 was used to fund payroll.

Goerend transmission inc. is Existing or more than 2 years old

GOEREND TRANSMISSION INC.

Date Approved

05/18/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GOEREND TRANSMISSION INC.

Borrower Address

119 N Main St

Borrower City

Saint Lucas

Borrower State

IA

Borrower Zip

52166-7702

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213952.00

Current Approval Amount

213952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25169

Servicing Lender Name

Kerndt Brothers Savings Bank

Servicing Lender Address

370 Main St

Servicing Lender City

LANSING

Servicing Lender State

IA

Servicing Lender Zip

52151

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Lucas

Project County Name

FAYETTE

Project State

IA

Project Zip

52166-7702

CD

IA-02

Jobs Reported

20

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

213952.00

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

25169

Originating Lender

Kerndt Brothers Savings Bank

Originating Lender City

LANSING

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214867.24

Forgiveness Date

10/22/2021

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