PPP Loan information for Metal tech industries, inc.

$227,500

Metal tech industries, inc. was initially approved for PPP Loan of amount $227,500, the current approved amount is $227,500. The loan was approved on 04/09/2020 by The Green Belt Bank & Trust reported 21 jobs and $227,500 was used to fund payroll.

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

PPP Loan Search / IA / IOWA FALLS / Metal tech industries, inc.

METAL TECH INDUSTRIES, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

METAL TECH INDUSTRIES, INC.

Borrower Address

1050 BROOKS RD

Borrower City

IOWA FALLS

Borrower State

IA

Borrower Zip

50126-8010

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227500.00

Current Approval Amount

227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25118

Servicing Lender Name

Green Belt Bank & Trust

Servicing Lender Address

616 Washington Ave

Servicing Lender City

IOWA FALLS

Servicing Lender State

IA

Servicing Lender Zip

50126-2217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA FALLS

Project County Name

HARDIN

Project State

IA

Project Zip

50126-8010

CD

IA-02

Jobs Reported

21

NAICS Code

339991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

170625.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31875.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25118

Originating Lender

Green Belt Bank & Trust

Originating Lender City

IOWA FALLS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

228757.57

Forgiveness Date

11/03/2020

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