PPP Loan information for Tipton electric motors, inc.

$79,000

Tipton electric motors, inc. was initially approved for PPP Loan of amount $79,000, the current approved amount is $79,000. The loan was approved on 04/08/2020 by The Fidelity Bank & Trust reported 10 jobs and $79,000 was used to fund payroll.

Tipton electric motors, inc. is Existing or more than 2 years old

PPP Loan Search / IA / TIPTON / Tipton electric motors, inc.

TIPTON ELECTRIC MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

TIPTON ELECTRIC MOTORS, INC.

Borrower Address

107 W. 2ND ST

Borrower City

TIPTON

Borrower State

IA

Borrower Zip

52772-1721

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79000.00

Current Approval Amount

79000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24939

Servicing Lender Name

Fidelity Bank & Trust

Servicing Lender Address

4250 Asbury Rd

Servicing Lender City

DUBUQUE

Servicing Lender State

IA

Servicing Lender Zip

52002-2892

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TIPTON

Project County Name

CEDAR

Project State

IA

Project Zip

52772-1721

CD

IA-01

Jobs Reported

10

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79000.00

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

24939

Originating Lender

Fidelity Bank & Trust

Originating Lender City

DUBUQUE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79727.23

Forgiveness Date

03/18/2021

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