PPP Loan information for Grip-tite manufacturing co. l.l.c.

$233,300

Grip-tite manufacturing co. l.l.c. was initially approved for PPP Loan of amount $233,300, the current approved amount is $233,300. The loan was approved on 04/03/2020 by The Farmers and Merchants State Bank reported 25 jobs and $233,300 was used to fund payroll.

Grip-tite manufacturing co. l.l.c. is Existing or more than 2 years old

PPP Loan Search / IA / WINTERSET / Grip-tite manufacturing co. l.l.c.

GRIP-TITE MANUFACTURING CO. L.L.C.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GRIP-TITE MANUFACTURING CO. L.L.C.

Borrower Address

505 E Madison Street

Borrower City

WINTERSET

Borrower State

IA

Borrower Zip

50273-2404

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233300.00

Current Approval Amount

233300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25620

Servicing Lender Name

Farmers and Merchants State Bank

Servicing Lender Address

101 W Jefferson St

Servicing Lender City

WINTERSET

Servicing Lender State

IA

Servicing Lender Zip

50273-1546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINTERSET

Project County Name

MADISON

Project State

IA

Project Zip

50273-2404

CD

IA-03

Jobs Reported

25

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

233300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25620

Originating Lender

Farmers and Merchants State Bank

Originating Lender City

WINTERSET

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

235332.59

Forgiveness Date

02/23/2021

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