PPP Loan information for Ledford engineering co, inc

$502,500

Ledford engineering co, inc was initially approved for PPP Loan of amount $502,500, the current approved amount is $502,500. The loan was approved on 04/28/2020 by The Farmers & Merchants Savings Bank reported 38 jobs and $502,500 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

04/28/2020

SBA Office Code

0736

Processing Method

PPP

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

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

502500.00

Current Approval Amount

502500.00

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

0.00

Payroll Proceed

502500.00

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

505040.42

Forgiveness Date

11/03/2020

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