PPP Loan information for The steel shop inc

$43,988

The steel shop inc was initially approved for PPP Loan of amount $43,988, the current approved amount is $43,988. The loan was approved on 02/04/2021 by The Decorah Bank & Trust Company reported 5 jobs and $43,988 was used to fund payroll.

The steel shop inc is Existing or more than 2 years old

THE STEEL SHOP INC

Date Approved

02/04/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

THE STEEL SHOP INC

Borrower Address

24731 Highway 9

Borrower City

Cresco

Borrower State

IA

Borrower Zip

52136-8505

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43988.19

Current Approval Amount

43988.19

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cresco

Project County Name

HOWARD

Project State

IA

Project Zip

52136-8505

CD

IA-02

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43986.19

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

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44195.48

Forgiveness Date

07/28/2021

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