PPP Loan information for Mach iii incorporated

$86,760

Mach iii incorporated was initially approved for PPP Loan of amount $86,760, the current approved amount is $86,760. The loan was approved on 03/08/2021 by The Farmers State Bank reported 11 jobs and $86,760 was used to fund payroll.

Mach iii incorporated is Existing or more than 2 years old

MACH III INCORPORATED

Date Approved

03/08/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MACH III INCORPORATED

Borrower Address

1701 S Eisenhower Ave

Borrower City

Mason City

Borrower State

IA

Borrower Zip

50401-1520

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86760.00

Current Approval Amount

86760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25044

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

99 N 7th St

Servicing Lender City

NORTHWOOD

Servicing Lender State

IA

Servicing Lender Zip

50459-1432

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mason City

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-1520

CD

IA-02

Jobs Reported

11

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86756.00

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

25044

Originating Lender

Farmers State Bank

Originating Lender City

NORTHWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87748.83

Forgiveness Date

05/10/2022

;