PPP Loan information for Swan engineering & machine co

$383,380

Swan engineering & machine co was initially approved for PPP Loan of amount $383,380, the current approved amount is $383,380. The loan was approved on 01/27/2021 by The Quad City Bank and Trust Company reported 19 jobs and $383,380 was used to fund payroll.

Swan engineering & machine co is Existing or more than 2 years old

SWAN ENGINEERING & MACHINE CO

Date Approved

01/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SWAN ENGINEERING & MACHINE CO

Borrower Address

2611 State St

Borrower City

Bettendorf

Borrower State

IA

Borrower Zip

52722-5207

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

383380.00

Current Approval Amount

383380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bettendorf

Project County Name

SCOTT

Project State

IA

Project Zip

52722-5207

CD

IA-01

Jobs Reported

19

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

383376.00

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

Subchapter S Corporation

Originating Lender Location Id

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

385893.27

Forgiveness Date

09/28/2021

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