PPP Loan information for Baldor industrial solutions, inc.

$330,000

Baldor industrial solutions, inc. was initially approved for PPP Loan of amount $330,000, the current approved amount is $330,000. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 27 jobs and $330,000 was used to fund payroll.

Baldor industrial solutions, inc. is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Baldor industrial solutions, inc.

BALDOR INDUSTRIAL SOLUTIONS, INC.

Date Approved

05/01/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BALDOR INDUSTRIAL SOLUTIONS, INC.

Borrower Address

6243 INDUSTRY DR NE

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50313

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330000.00

Current Approval Amount

330000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50313-1001

CD

IA-03

Jobs Reported

27

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

330000.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

331824.17

Forgiveness Date

11/23/2020

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