PPP Loan information for Mertz engineering co

$487,820

Mertz engineering co was initially approved for PPP Loan of amount $487,820, the current approved amount is $487,820. The loan was approved on 04/08/2020 by The West Iowa Bank reported 48 jobs and $487,820 was used to fund payroll.

Mertz engineering co is Existing or more than 2 years old

PPP Loan Search / IA / WEBSTER CITY / Mertz engineering co

MERTZ ENGINEERING CO

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MERTZ ENGINEERING CO

Borrower Address

1811 W 2ND ST

Borrower City

WEBSTER CITY

Borrower State

IA

Borrower Zip

50595-1109

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487820.00

Current Approval Amount

487820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25576

Servicing Lender Name

West Iowa Bank

Servicing Lender Address

319 S Broadway Ave

Servicing Lender City

WEST BEND

Servicing Lender State

IA

Servicing Lender Zip

50597

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER CITY

Project County Name

HAMILTON

Project State

IA

Project Zip

50595-1109

CD

IA-04

Jobs Reported

48

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

449509.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33037.00

Debt Interest Proceed

5274

Business Type

Corporation

Originating Lender Location Id

25576

Originating Lender

West Iowa Bank

Originating Lender City

WEST BEND

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

490479.62

Forgiveness Date

11/03/2020

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