PPP Loan information for Metal fabricators, inc.

$133,800

Metal fabricators, inc. was initially approved for PPP Loan of amount $133,800, the current approved amount is $133,800. The loan was approved on 04/04/2020 by The Clear Lake Bank & Trust Company reported 16 jobs and $133,800 was used to fund payroll.

Metal fabricators, inc. is Existing or more than 2 years old

METAL FABRICATORS, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

METAL FABRICATORS, INC.

Borrower Address

1907 6TH AVE S

Borrower City

CLEAR LAKE

Borrower State

IA

Borrower Zip

50428-2642

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133800.00

Current Approval Amount

133800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEAR LAKE

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-2642

CD

IA-02

Jobs Reported

16

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6300.00

Payroll Proceed

107500.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134796.07

Forgiveness Date

01/07/2021

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