PPP Loan information for Iron horse inc

$367,390

Iron horse inc was initially approved for PPP Loan of amount $367,390, the current approved amount is $367,390. The loan was approved on 02/12/2021 by The Horizon Financial Bank reported 18 jobs and $367,390 was used to fund payroll.

Iron horse inc is Existing or more than 2 years old

PPP Loan Search / ND / New Town / Iron horse inc

IRON HORSE INC

Date Approved

02/12/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

IRON HORSE INC

Borrower Address

213 3rd St S

Borrower City

New Town

Borrower State

ND

Borrower Zip

58763

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

367390.00

Current Approval Amount

367390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52910

Servicing Lender Name

Horizon Financial Bank

Servicing Lender Address

416 Main St

Servicing Lender City

MUNICH

Servicing Lender State

ND

Servicing Lender Zip

58352

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Town

Project County Name

MOUNTRAIL

Project State

ND

Project Zip

58763

CD

ND-

Jobs Reported

18

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

367384.00

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

Corporation

Originating Lender Location Id

52910

Originating Lender

Horizon Financial Bank

Originating Lender City

MUNICH

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

370792.13

Forgiveness Date

01/21/2022

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