PPP Loan information for Iowa steel masters llc

$161,000

Iowa steel masters llc was initially approved for PPP Loan of amount $161,000, the current approved amount is $161,000. The loan was approved on 04/05/2020 by The GNB Bank reported 9 jobs and $161,000 was used to fund payroll.

Iowa steel masters llc is Existing or more than 2 years old

IOWA STEEL MASTERS LLC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA STEEL MASTERS LLC

Borrower Address

1792 30th Street

Borrower City

ACKLEY

Borrower State

IA

Borrower Zip

50601-8565

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161000.00

Current Approval Amount

161000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25057

Servicing Lender Name

GNB Bank

Servicing Lender Address

529 G Ave

Servicing Lender City

GRUNDY CENTER

Servicing Lender State

IA

Servicing Lender Zip

50638-1651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACKLEY

Project County Name

FRANKLIN

Project State

IA

Project Zip

50601-8565

CD

IA-04

Jobs Reported

9

NAICS Code

331221

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20125.00

Payroll Proceed

120750.00

Mortgage Interest Proceed

20125.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25057

Originating Lender

GNB Bank

Originating Lender City

GRUNDY CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162243.28

Forgiveness Date

01/14/2021

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