PPP Loan information for Preformance carbide, inc

$135,000

Preformance carbide, inc was initially approved for PPP Loan of amount $179,000, the current approved amount is $135,000. The loan was approved on 04/05/2020 by The Cedar Rapids Bank and Trust Company reported 14 jobs and $135,000 was used to fund payroll.

Preformance carbide, inc is Existing or more than 2 years old

PREFORMANCE CARBIDE, INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PREFORMANCE CARBIDE, INC

Borrower Address

925 BLACK HAWK RD

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701-2414

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179000.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-2414

CD

IA-02

Jobs Reported

14

NAICS Code

333515

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136132.50

Forgiveness Date

02/19/2021

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