PPP Loan information for Heatland machine & tool inc

$249,400

Heatland machine & tool inc was initially approved for PPP Loan of amount $249,400, the current approved amount is $249,400. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 23 jobs and $249,400 was used to fund payroll.

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

PPP Loan Search / IA / NEW HARTFORD / Heatland machine & tool inc

HEATLAND MACHINE & TOOL INC

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HEATLAND MACHINE & TOOL INC

Borrower Address

29706 Hwy 57

Borrower City

NEW HARTFORD

Borrower State

IA

Borrower Zip

50660

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249400.00

Current Approval Amount

249400.00

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

50660-0001

CD

IA-02

Jobs Reported

23

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15587.50

Payroll Proceed

187050.00

Mortgage Interest Proceed

15587.50

Rent Proceed

15587.50

Refinance EIDL Proceed

15587.50

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

251145.80

Forgiveness Date

12/28/2020

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