PPP Loan information for Novelty machine & supply co.

$188,400

Novelty machine & supply co. was initially approved for PPP Loan of amount $188,400, the current approved amount is $188,400. The loan was approved on 04/07/2020 by The The Security National Bank of Sioux City, Iowa reported 15 jobs and $188,400 was used to fund payroll.

Novelty machine & supply co. is Existing or more than 2 years old

PPP Loan Search / IA / SIOUX CITY / Novelty machine & supply co.

NOVELTY MACHINE & SUPPLY CO.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NOVELTY MACHINE & SUPPLY CO.

Borrower Address

1635 ZENITH DR

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51103-5206

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188400.00

Current Approval Amount

188400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25474

Servicing Lender Name

The Security National Bank of Sioux City, Iowa

Servicing Lender Address

601 Pierce St

Servicing Lender City

SIOUX CITY

Servicing Lender State

IA

Servicing Lender Zip

51101-1205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51103-5206

CD

IA-04

Jobs Reported

15

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16978.00

Payroll Proceed

150722.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20700.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25474

Originating Lender

The Security National Bank of Sioux City, Iowa

Originating Lender City

SIOUX CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

190196.25

Forgiveness Date

03/31/2021

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