PPP Loan information for Huffman welding & machine, inc.

$849,700

Huffman welding & machine, inc. was initially approved for PPP Loan of amount $849,700, the current approved amount is $849,700. The loan was approved on 04/04/2020 by The Connection Bank reported 96 jobs and $849,700 was used to fund payroll.

Huffman welding & machine, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FORT MADISON / Huffman welding & machine, inc.

HUFFMAN WELDING & MACHINE, INC.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

HUFFMAN WELDING & MACHINE, INC.

Borrower Address

6224 AVENUE O

Borrower City

FORT MADISON

Borrower State

IA

Borrower Zip

52627-9533

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

849700.00

Current Approval Amount

849700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25013

Servicing Lender Name

Connection Bank

Servicing Lender Address

636 Ave G

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627-2925

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT MADISON

Project County Name

LEE

Project State

IA

Project Zip

52627-9533

CD

IA-01

Jobs Reported

96

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

849700.00

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

25013

Originating Lender

Connection Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

856218.25

Forgiveness Date

01/20/2021

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