PPP Loan information for Iowa tool & manufacturing inc

$26,500

Iowa tool & manufacturing inc was initially approved for PPP Loan of amount $26,500, the current approved amount is $26,500. The loan was approved on 04/06/2020 by The The First National Bank in Creston reported 3 jobs and $26,500 was used to fund payroll.

Iowa tool & manufacturing inc is Existing or more than 2 years old

IOWA TOOL & MANUFACTURING INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA TOOL & MANUFACTURING INC

Borrower Address

1420 HIGHWAY 34

Borrower City

CRESTON

Borrower State

IA

Borrower Zip

50801-8304

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26500.00

Current Approval Amount

26500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24817

Servicing Lender Name

The First National Bank in Creston

Servicing Lender Address

101 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3104

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRESTON

Project County Name

UNION

Project State

IA

Project Zip

50801-8304

CD

IA-03

Jobs Reported

3

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1325.00

Payroll Proceed

21200.00

Mortgage Interest Proceed

3975.00

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

24817

Originating Lender

The First National Bank in Creston

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26664.89

Forgiveness Date

11/25/2020

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