PPP Loan information for One ton welding, inc.

$94,304

One ton welding, inc. was initially approved for PPP Loan of amount $94,304, the current approved amount is $94,304. The loan was approved on 04/06/2020 by The Farmers Trust & Savings Bank reported 12 jobs and $94,304 was used to fund payroll.

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

ONE TON WELDING, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ONE TON WELDING, INC.

Borrower Address

504 PARK AVE

Borrower City

PANAMA

Borrower State

IA

Borrower Zip

51562-4003

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94304.42

Current Approval Amount

94304.42

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

12

NAICS Code

331210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94304.42

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

94885.96

Forgiveness Date

11/25/2020

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