PPP Loan information for The original saw co.

$156,500

The original saw co. was initially approved for PPP Loan of amount $156,500, the current approved amount is $156,500. The loan was approved on 04/07/2020 by The First State Bank reported 15 jobs and $156,500 was used to fund payroll.

The original saw co. is Existing or more than 2 years old

THE ORIGINAL SAW CO.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THE ORIGINAL SAW CO.

Borrower Address

465 Third Ave SE

Borrower City

BRITT

Borrower State

IA

Borrower Zip

50423-1356

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156500.00

Current Approval Amount

156500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433690

Servicing Lender Name

First State Bank

Servicing Lender Address

401 Main St

Servicing Lender City

NASHUA

Servicing Lender State

IA

Servicing Lender Zip

50658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRITT

Project County Name

HANCOCK

Project State

IA

Project Zip

50423-1356

CD

IA-04

Jobs Reported

15

NAICS Code

333243

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31262.00

Payroll Proceed

125238.00

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

433690

Originating Lender

First State Bank

Originating Lender City

NASHUA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157734.61

Forgiveness Date

02/01/2021

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