PPP Loan information for Reliable machine and manufacturing company

$305,700

Reliable machine and manufacturing company was initially approved for PPP Loan of amount $305,700, the current approved amount is $305,700. The loan was approved on 04/29/2020 by The Farmers State Bank reported 25 jobs and $305,700 was used to fund payroll.

Reliable machine and manufacturing company is Unanswered

PPP Loan Search / IA / HIAWATHA / Reliable machine and manufacturing company

RELIABLE MACHINE AND MANUFACTURING COMPANY

Date Approved

04/29/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RELIABLE MACHINE AND MANUFACTURING COMPANY

Borrower Address

735 KACENA RD

Borrower City

HIAWATHA

Borrower State

IA

Borrower Zip

52233-1291

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305700.00

Current Approval Amount

305700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

HIAWATHA

Project County Name

LINN

Project State

IA

Project Zip

52233-1291

CD

IA-02

Jobs Reported

25

NAICS Code

454390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

15700.00

Payroll Proceed

280000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

309529.74

Forgiveness Date

08/03/2021

;