PPP Loan information for Mts iowa, inc.

$309,595

Mts iowa, inc. was initially approved for PPP Loan of amount $309,595, the current approved amount is $309,595. The loan was approved on 04/10/2020 by The Lincoln Savings Bank reported 33 jobs and $309,595 was used to fund payroll.

Mts iowa, inc. is Existing or more than 2 years old

MTS IOWA, INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MTS IOWA, INC.

Borrower Address

503 1ST AVE N

Borrower City

ALTOONA

Borrower State

IA

Borrower Zip

50009-1433

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309595.00

Current Approval Amount

309595.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALTOONA

Project County Name

POLK

Project State

IA

Project Zip

50009-1433

CD

IA-03

Jobs Reported

33

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

309595.00

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

Subchapter S Corporation

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

311340.77

Forgiveness Date

11/05/2020

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