PPP Loan information for Roemer machine & welding co.

$346,807

Roemer machine & welding co. was initially approved for PPP Loan of amount $346,807, the current approved amount is $346,807. The loan was approved on 02/10/2021 by The Quad City Bank and Trust Company reported 21 jobs and $346,807 was used to fund payroll.

Roemer machine & welding co. is Existing or more than 2 years old

ROEMER MACHINE & WELDING CO.

Date Approved

02/10/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

ROEMER MACHINE & WELDING CO.

Borrower Address

3053 Research Pkwy

Borrower City

Davenport

Borrower State

IA

Borrower Zip

52806-9320

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

346807.00

Current Approval Amount

346807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davenport

Project County Name

SCOTT

Project State

IA

Project Zip

52806-9320

CD

IA-01

Jobs Reported

21

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

346807.00

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

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

349648.89

Forgiveness Date

12/09/2021

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