PPP Loan information for Ledford engineering co, inc

$570,778

Ledford engineering co, inc was initially approved for PPP Loan of amount $570,778, the current approved amount is $570,778. The loan was approved on 01/16/2021 by The Farmers & Merchants Savings Bank reported 38 jobs and $570,778 was used to fund payroll.

Ledford engineering co, inc is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Ledford engineering co, inc

LEDFORD ENGINEERING CO, INC

Date Approved

01/16/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

LEDFORD ENGINEERING CO, INC

Borrower Address

200 Prospect Pl SW

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404-4619

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

570778.00

Current Approval Amount

570778.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52404-4619

CD

IA-02

Jobs Reported

38

NAICS Code

331210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

570777.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

573045.26

Forgiveness Date

06/15/2021

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