PPP Loan information for Nelson machine & forge lc

$10,948

Nelson machine & forge lc was initially approved for PPP Loan of amount $10,948, the current approved amount is $10,948. The loan was approved on 04/06/2020 by The Rolling Hills Bank & Trust reported 4 jobs and $10,948 was used to fund payroll.

Nelson machine & forge lc is Existing or more than 2 years old

PPP Loan Search / IA / MARNE / Nelson machine & forge lc

NELSON MACHINE & FORGE LC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NELSON MACHINE & FORGE LC

Borrower Address

70 WASHINGTON ST

Borrower City

MARNE

Borrower State

IA

Borrower Zip

51552-2515

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10948.00

Current Approval Amount

10948.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24550

Servicing Lender Name

Rolling Hills Bank & Trust

Servicing Lender Address

1307 E 7th St

Servicing Lender City

ATLANTIC

Servicing Lender State

IA

Servicing Lender Zip

50022-1904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARNE

Project County Name

CASS

Project State

IA

Project Zip

51552-2515

CD

IA-03

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

943.50

Payroll Proceed

6676.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3328.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24550

Originating Lender

Rolling Hills Bank & Trust

Originating Lender City

ATLANTIC

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

11007.99

Forgiveness Date

11/02/2020

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