PPP Loan information for Iowa metal spinners, inc.

$680,068

Iowa metal spinners, inc. was initially approved for PPP Loan of amount $680,068, the current approved amount is $680,068. The loan was approved on 01/16/2021 by The First Bank reported 68 jobs and $680,068 was used to fund payroll.

Iowa metal spinners, inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Falls / Iowa metal spinners, inc.

IOWA METAL SPINNERS, INC.

Date Approved

01/16/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

IOWA METAL SPINNERS, INC.

Borrower Address

7314 Chancellor Dr

Borrower City

Cedar Falls

Borrower State

IA

Borrower Zip

50613-6970

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

680067.61

Current Approval Amount

680067.61

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Falls

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-6970

CD

IA-02

Jobs Reported

68

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

680066.61

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

Corporation

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

682768.99

Forgiveness Date

06/15/2021

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