PPP Loan information for Rud chain, inc.

$219,200

Rud chain, inc. was initially approved for PPP Loan of amount $219,200, the current approved amount is $219,200. The loan was approved on 04/15/2020 by The Farmers & Merchants Savings Bank reported 15 jobs and $219,200 was used to fund payroll.

Rud chain, inc. is Existing or more than 2 years old

RUD CHAIN, INC.

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RUD CHAIN, INC.

Borrower Address

840 N. 20TH AVE

Borrower City

HIAWATHA

Borrower State

IA

Borrower Zip

52233-2216

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219200.00

Current Approval Amount

219200.00

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

15

NAICS Code

332618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219200.00

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

220844.00

Forgiveness Date

01/20/2021

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