PPP Loan information for Swan engineering & machine co.

$383,300

Swan engineering & machine co. was initially approved for PPP Loan of amount $383,300, the current approved amount is $383,300. The loan was approved on 04/28/2020 by The Quad City Bank and Trust Company reported 23 jobs and $383,300 was used to fund payroll.

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

PPP Loan Search / IA / BETTENDORF / Swan engineering & machine co.

SWAN ENGINEERING & MACHINE CO.

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SWAN ENGINEERING & MACHINE CO.

Borrower Address

2611 State St

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383300.00

Current Approval Amount

383300.00

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

52722-0001

CD

IA-01

Jobs Reported

23

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

383300.00

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

386536.76

Forgiveness Date

03/05/2021

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