PPP Loan information for Rail-way inc.

$34,400

Rail-way inc. was initially approved for PPP Loan of amount $34,400, the current approved amount is $34,400. The loan was approved on 02/13/2021 by The First Central State Bank reported 3 jobs and $34,400 was used to fund payroll.

Rail-way inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cascade / Rail-way inc.

RAIL-WAY INC.

Date Approved

02/13/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

RAIL-WAY INC.

Borrower Address

120 Nixon St SE

Borrower City

Cascade

Borrower State

IA

Borrower Zip

52033-7753

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34400.00

Current Approval Amount

34400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cascade

Project County Name

DUBUQUE

Project State

IA

Project Zip

52033-7753

CD

IA-02

Jobs Reported

3

NAICS Code

326299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34398.00

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

Subchapter S Corporation

Originating Lender Location Id

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34596.98

Forgiveness Date

09/15/2021

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