PPP Loan information for Koster grinding inc.

$98,838

Koster grinding inc. was initially approved for PPP Loan of amount $98,838, the current approved amount is $98,838. The loan was approved on 01/19/2021 by The Iowa Savings Bank reported 6 jobs and $98,838 was used to fund payroll.

Koster grinding inc. is Existing or more than 2 years old

KOSTER GRINDING INC.

Date Approved

01/19/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

KOSTER GRINDING INC.

Borrower Address

17995 Iris Ave

Borrower City

Carroll

Borrower State

IA

Borrower Zip

51401-8941

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98837.57

Current Approval Amount

98837.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24796

Servicing Lender Name

Iowa Savings Bank

Servicing Lender Address

510 W US Hwy 30

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2248

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carroll

Project County Name

CARROLL

Project State

IA

Project Zip

51401-8941

CD

IA-04

Jobs Reported

6

NAICS Code

115210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98832.57

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

24796

Originating Lender

Iowa Savings Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99202.72

Forgiveness Date

06/15/2021

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