PPP Loan information for Metal works, inc.

$620,000

Metal works, inc. was initially approved for PPP Loan of amount $620,000, the current approved amount is $620,000. The loan was approved on 04/04/2020 by The Community State Bank reported 59 jobs and $620,000 was used to fund payroll.

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

PPP Loan Search / IA / SPENCER / Metal works, inc.

METAL WORKS, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

METAL WORKS, INC.

Borrower Address

1015 32nd Ave West

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-2504

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620000.00

Current Approval Amount

620000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-2504

CD

IA-04

Jobs Reported

59

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27000.00

Payroll Proceed

428400.00

Mortgage Interest Proceed

89800.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

71400.00

Debt Interest Proceed

3400

Business Type

Subchapter S Corporation

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

626578.89

Forgiveness Date

04/28/2021

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