PPP Loan information for Spencer diesel injection turbo inc.

$235,500

Spencer diesel injection turbo inc. was initially approved for PPP Loan of amount $235,500, the current approved amount is $235,500. The loan was approved on 04/07/2020 by The Northwest Bank reported 21 jobs and $235,500 was used to fund payroll.

Spencer diesel injection turbo inc. is Existing or more than 2 years old

PPP Loan Search / IA / SPENCER / Spencer diesel injection turbo inc.

SPENCER DIESEL INJECTION TURBO INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SPENCER DIESEL INJECTION TURBO INC.

Borrower Address

2001 Hwy Blvd

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235500.00

Current Approval Amount

235500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-0011

CD

IA-04

Jobs Reported

21

NAICS Code

924120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7065.00

Payroll Proceed

228435.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

236801.79

Forgiveness Date

11/03/2020

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