PPP Loan information for Herman welding & repair, llc

$52,637

Herman welding & repair, llc was initially approved for PPP Loan of amount $52,637, the current approved amount is $52,637. The loan was approved on 04/10/2020 by The Union State Bank reported 7 jobs and $52,637 was used to fund payroll.

Herman welding & repair, llc is Existing or more than 2 years old

PPP Loan Search / IA / TRURO / Herman welding & repair, llc

HERMAN WELDING & REPAIR, LLC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HERMAN WELDING & REPAIR, LLC

Borrower Address

2917 328TH ST

Borrower City

TRURO

Borrower State

IA

Borrower Zip

50257-8033

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52637.00

Current Approval Amount

52637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25625

Servicing Lender Name

Union State Bank

Servicing Lender Address

611 W Hwy 92

Servicing Lender City

WINTERSET

Servicing Lender State

IA

Servicing Lender Zip

50273-2505

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRURO

Project County Name

MADISON

Project State

IA

Project Zip

50257-8033

CD

IA-03

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52637.00

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

25625

Originating Lender

Union State Bank

Originating Lender City

WINTERSET

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53021.54

Forgiveness Date

01/06/2021

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