PPP Loan information for Walsh door and hardware co

$1,649,800

Walsh door and hardware co was initially approved for PPP Loan of amount $1,649,800, the current approved amount is $1,649,800. The loan was approved on 04/05/2020 by The Northwest Bank reported 107 jobs and $1,649,800 was used to fund payroll.

Walsh door and hardware co is Existing or more than 2 years old

WALSH DOOR AND HARDWARE CO

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WALSH DOOR AND HARDWARE CO

Borrower Address

2600 Delaware Ave

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50317-3532

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1649800.00

Current Approval Amount

1649800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50317-3532

CD

IA-03

Jobs Reported

107

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

1319900.00

Mortgage Interest Proceed

0.00

Rent Proceed

99900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200000.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1662265.16

Forgiveness Date

01/12/2021

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