PPP Loan information for Scale-tec, ltd.

$189,400

Scale-tec, ltd. was initially approved for PPP Loan of amount $189,400, the current approved amount is $189,400. The loan was approved on 04/10/2020 by The Farmers & Merchants Savings Bank reported 17 jobs and $189,400 was used to fund payroll.

Scale-tec, ltd. is Existing or more than 2 years old

SCALE-TEC, LTD.

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCALE-TEC, LTD.

Borrower Address

16027 Highway 64

Borrower City

ANAMOSA

Borrower State

IA

Borrower Zip

52205-7472

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189400.00

Current Approval Amount

189400.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANAMOSA

Project County Name

JONES

Project State

IA

Project Zip

52205-7472

CD

IA-01

Jobs Reported

17

NAICS Code

333997

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189400.00

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

190446.96

Forgiveness Date

11/03/2020

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