PPP Loan information for Thorne metal works

$11,000

Thorne metal works was initially approved for PPP Loan of amount $11,000, the current approved amount is $11,000. The loan was approved on 04/28/2020 by The Iowa State Bank reported 3 jobs and $11,000 was used to fund payroll.

Thorne metal works is Existing or more than 2 years old

THORNE METAL WORKS

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THORNE METAL WORKS

Borrower Address

32561 NEWELL AVENUE

Borrower City

PARKERSBURG

Borrower State

IA

Borrower Zip

50665

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11000.00

Current Approval Amount

11000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24774

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

100 N Main St

Servicing Lender City

CLARKSVILLE

Servicing Lender State

IA

Servicing Lender Zip

50619-2020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARKERSBURG

Project County Name

BUTLER

Project State

IA

Project Zip

50665-0001

CD

IA-02

Jobs Reported

3

NAICS Code

332323

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11000.00

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

Partnership

Originating Lender Location Id

24774

Originating Lender

Iowa State Bank

Originating Lender City

CLARKSVILLE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7030.68

Forgiveness Date

10/15/2020

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