PPP Loan information for Sbemco international, inc.

$356,400

Sbemco international, inc. was initially approved for PPP Loan of amount $356,400, the current approved amount is $356,400. The loan was approved on 04/03/2020 by The Iowa State Bank reported 24 jobs and $356,400 was used to fund payroll.

Sbemco international, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ALGONA / Sbemco international, inc.

SBEMCO INTERNATIONAL, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SBEMCO INTERNATIONAL, INC.

Borrower Address

715 North Finn Drive

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-2226

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356400.00

Current Approval Amount

356400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-2226

CD

IA-04

Jobs Reported

24

NAICS Code

314110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

356400.00

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

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

356771.11

Forgiveness Date

11/10/2020

;