PPP Loan information for Rud chain

$225,609

Rud chain was initially approved for PPP Loan of amount $225,609, the current approved amount is $225,609. The loan was approved on 01/20/2021 by The Farmers & Merchants Savings Bank reported 19 jobs and $225,609 was used to fund payroll.

Rud chain is Existing or more than 2 years old

PPP Loan Search / IA / Hiawatha / Rud chain

RUD CHAIN

Date Approved

01/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

RUD CHAIN

Borrower Address

840 N 20th Ave

Borrower City

Hiawatha

Borrower State

IA

Borrower Zip

52233-2216

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225609.00

Current Approval Amount

225609.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hiawatha

Project County Name

LINN

Project State

IA

Project Zip

52233-2216

CD

IA-02

Jobs Reported

19

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225609.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226837.32

Forgiveness Date

08/10/2021

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