PPP Loan information for Tom's electric & grain equipment, inc.

$82,800

Tom's electric & grain equipment, inc. was initially approved for PPP Loan of amount $82,800, the current approved amount is $82,800. The loan was approved on 04/07/2020 by The United Bank of Iowa reported 8 jobs and $82,800 was used to fund payroll.

Tom's electric & grain equipment, inc. is Existing or more than 2 years old

TOM'S ELECTRIC & GRAIN EQUIPMENT, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TOM'S ELECTRIC & GRAIN EQUIPMENT, INC.

Borrower Address

105 WEBER ST

Borrower City

WESTPHALIA

Borrower State

IA

Borrower Zip

51578-3001

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82800.00

Current Approval Amount

82800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25108

Servicing Lender Name

United Bank of Iowa

Servicing Lender Address

501 2nd St

Servicing Lender City

IDA GROVE

Servicing Lender State

IA

Servicing Lender Zip

51445-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTPHALIA

Project County Name

SHELBY

Project State

IA

Project Zip

51578-3001

CD

IA-04

Jobs Reported

8

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8280.00

Payroll Proceed

66240.00

Mortgage Interest Proceed

0.00

Rent Proceed

8280.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25108

Originating Lender

United Bank of Iowa

Originating Lender City

IDA GROVE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83335.36

Forgiveness Date

12/08/2020

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