PPP Loan information for Heartland machine & tool inc.

$220,000

Heartland machine & tool inc. was initially approved for PPP Loan of amount $220,000, the current approved amount is $220,000. The loan was approved on 02/22/2021 by The MidWestOne Bank reported 22 jobs and $220,000 was used to fund payroll.

Heartland machine & tool inc. is Existing or more than 2 years old

HEARTLAND MACHINE & TOOL INC.

Date Approved

02/22/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

HEARTLAND MACHINE & TOOL INC.

Borrower Address

29706 Highway 57

Borrower City

New Hartford

Borrower State

IA

Borrower Zip

50660-8669

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220000.00

Current Approval Amount

220000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Hartford

Project County Name

BUTLER

Project State

IA

Project Zip

50660-8669

CD

IA-02

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

219999.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220959.44

Forgiveness Date

08/09/2021

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