PPP Loan information for Nid, inc

$2,094,800

Nid, inc was initially approved for PPP Loan of amount $2,094,800, the current approved amount is $2,094,800. The loan was approved on 04/03/2020 by The Manufacturers Bank & Trust Company reported 204 jobs and $2,094,800 was used to fund payroll.

Nid, inc is Existing or more than 2 years old

NID, INC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NID, INC

Borrower Address

365 Cottonwood Dr

Borrower City

GARNER

Borrower State

IA

Borrower Zip

50438-1128

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2094800.00

Current Approval Amount

2094800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARNER

Project County Name

HANCOCK

Project State

IA

Project Zip

50438-1128

CD

IA-04

Jobs Reported

204

NAICS Code

541214

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

261850.00

Payroll Proceed

1571100.00

Mortgage Interest Proceed

261850.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2119413.90

Forgiveness Date

06/11/2021

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