PPP Loan information for Josephson manufacturing company

$731,200

Josephson manufacturing company was initially approved for PPP Loan of amount $731,200, the current approved amount is $731,200. The loan was approved on 01/21/2021 by The Northwest Bank reported 60 jobs and $731,200 was used to fund payroll.

Josephson manufacturing company is Existing or more than 2 years old

JOSEPHSON MANUFACTURING COMPANY

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

JOSEPHSON MANUFACTURING COMPANY

Borrower Address

216 Central Ave

Borrower City

Fort Dodge

Borrower State

IA

Borrower Zip

50501-3751

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

731200.00

Current Approval Amount

731200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fort Dodge

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-3751

CD

IA-04

Jobs Reported

60

NAICS Code

333318

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

731196.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

738572.93

Forgiveness Date

01/25/2022

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