PPP Loan information for Sears manufacturing company

$6,914,338

Sears manufacturing company was initially approved for PPP Loan of amount $6,914,338, the current approved amount is $6,914,338. The loan was approved on 05/20/2021 by The CBW Bank reported 500 jobs and $6,914,338 was used to fund payroll.

Sears manufacturing company is Existing or more than 2 years old

PPP Loan Search / IA / Davenport / Sears manufacturing company

SEARS MANUFACTURING COMPANY

Date Approved

05/20/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SEARS MANUFACTURING COMPANY

Borrower Address

1718 S Concord St

Borrower City

Davenport

Borrower State

IA

Borrower Zip

52802-2901

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6914338.40

Current Approval Amount

6914338.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26651

Servicing Lender Name

CBW Bank

Servicing Lender Address

109 E Main St

Servicing Lender City

WEIR

Servicing Lender State

KS

Servicing Lender Zip

66781-4344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Davenport

Project County Name

SCOTT

Project State

IA

Project Zip

52802-2901

CD

IA-01

Jobs Reported

500

NAICS Code

336360

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6914337.40

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

26651

Originating Lender

CBW Bank

Originating Lender City

WEIR

Originating Lender State

KS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6955445.56

Forgiveness Date

01/05/2022

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