PPP Loan information for The grinding company

$18,008

The grinding company was initially approved for PPP Loan of amount $18,008, the current approved amount is $18,008. The loan was approved on 04/01/2021 by The City State Bank reported 1 jobs and $18,008 was used to fund payroll.

The grinding company is Existing or more than 2 years old

THE GRINDING COMPANY

Date Approved

04/01/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THE GRINDING COMPANY

Borrower Address

2306 Coolidge St

Borrower City

Norwalk

Borrower State

IA

Borrower Zip

50211-9383

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18007.50

Current Approval Amount

18007.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25318

Servicing Lender Name

City State Bank

Servicing Lender Address

801 Main St

Servicing Lender City

NORWALK

Servicing Lender State

IA

Servicing Lender Zip

50211-1322

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwalk

Project County Name

WARREN

Project State

IA

Project Zip

50211-9383

CD

IA-01

Jobs Reported

1

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

18002.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

25318

Originating Lender

City State Bank

Originating Lender City

NORWALK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18068.18

Forgiveness Date

08/04/2021

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