PPP Loan information for Iowa spring manufacturing and sales, inc

$948,540

Iowa spring manufacturing and sales, inc was initially approved for PPP Loan of amount $948,540, the current approved amount is $948,540. The loan was approved on 04/07/2020 by The West Bank reported 117 jobs and $948,540 was used to fund payroll.

Iowa spring manufacturing and sales, inc is Existing or more than 2 years old

PPP Loan Search / IA / ADEL / Iowa spring manufacturing and sales, inc

IOWA SPRING MANUFACTURING AND SALES, INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA SPRING MANUFACTURING AND SALES, INC

Borrower Address

2112 GREENE ST

Borrower City

ADEL

Borrower State

IA

Borrower Zip

50003-1638

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

948540.00

Current Approval Amount

948540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADEL

Project County Name

DALLAS

Project State

IA

Project Zip

50003-1638

CD

IA-03

Jobs Reported

117

NAICS Code

332613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

948540.00

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

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

955374.69

Forgiveness Date

01/06/2021

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