PPP Loan information for One ton welding inc

$124,538

One ton welding inc was initially approved for PPP Loan of amount $124,538, the current approved amount is $124,538. The loan was approved on 01/20/2021 by The Farmers Trust & Savings Bank reported 11 jobs and $124,538 was used to fund payroll.

One ton welding inc is Existing or more than 2 years old

PPP Loan Search / IA / Panama / One ton welding inc

ONE TON WELDING INC

Date Approved

01/20/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

ONE TON WELDING INC

Borrower Address

504 Park Ave

Borrower City

Panama

Borrower State

IA

Borrower Zip

51562-4003

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124537.53

Current Approval Amount

124537.53

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24951

Servicing Lender Name

Farmers Trust & Savings Bank

Servicing Lender Address

122 Main St

Servicing Lender City

EARLING

Servicing Lender State

IA

Servicing Lender Zip

51530

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Panama

Project County Name

SHELBY

Project State

IA

Project Zip

51562-4003

CD

IA-04

Jobs Reported

11

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124534.53

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

Corporation

Originating Lender Location Id

24951

Originating Lender

Farmers Trust & Savings Bank

Originating Lender City

EARLING

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125641.07

Forgiveness Date

12/14/2021

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