PPP Loan information for Metalcraft inc.

$1,256,000

Metalcraft inc. was initially approved for PPP Loan of amount $1,256,000, the current approved amount is $1,256,000. The loan was approved on 04/03/2020 by The Clear Lake Bank & Trust Company reported 115 jobs and $1,256,000 was used to fund payroll.

Metalcraft inc. is Existing or more than 2 years old

PPP Loan Search / IA / MASON CITY / Metalcraft inc.

METALCRAFT INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

METALCRAFT INC.

Borrower Address

3360 9th Street SW

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-7313

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1256000.00

Current Approval Amount

1256000.00

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

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-7313

CD

IA-02

Jobs Reported

115

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

1056000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130000.00

Debt Interest Proceed

20000

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1267618.00

Forgiveness Date

03/15/2021

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