PPP Loan information for Grandinetti's metal recycling, inc.

$58,005

Grandinetti's metal recycling, inc. was initially approved for PPP Loan of amount $58,005, the current approved amount is $58,005. The loan was approved on 04/27/2020 by The Farmers Savings Bank reported 7 jobs and $58,005 was used to fund payroll.

Grandinetti's metal recycling, inc. is New Business or 2 years or less

GRANDINETTI'S METAL RECYCLING, INC.

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GRANDINETTI'S METAL RECYCLING, INC.

Borrower Address

1792 265TH ST

Borrower City

MOUNT PLEASANT

Borrower State

IA

Borrower Zip

52641-8220

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58005.00

Current Approval Amount

58005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25602

Servicing Lender Name

Farmers Savings Bank

Servicing Lender Address

3542 168th St

Servicing Lender City

WEVER

Servicing Lender State

IA

Servicing Lender Zip

52658-9600

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOUNT PLEASANT

Project County Name

HENRY

Project State

IA

Project Zip

52641-8220

CD

IA-01

Jobs Reported

7

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58005.00

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

25602

Originating Lender

Farmers Savings Bank

Originating Lender City

WEVER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58465.86

Forgiveness Date

02/16/2021

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