PPP Loan information for Monti plumbing, heating, & electric

$119,300

Monti plumbing, heating, & electric was initially approved for PPP Loan of amount $119,300, the current approved amount is $119,300. The loan was approved on 04/04/2020 by The Farmers & Merchants Savings Bank reported 18 jobs and $119,300 was used to fund payroll.

Monti plumbing, heating, & electric is Existing or more than 2 years old

MONTI PLUMBING, HEATING, & ELECTRIC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MONTI PLUMBING, HEATING, & ELECTRIC

Borrower Address

22387 150th Ave

Borrower City

MONTICELLO

Borrower State

IA

Borrower Zip

52310-8123

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119300.00

Current Approval Amount

119300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

JONES

Project State

IA

Project Zip

52310-8123

CD

IA-01

Jobs Reported

18

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119972.72

Forgiveness Date

11/03/2020

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