PPP Loan information for Coal fire inc

$64,478

Coal fire inc was initially approved for PPP Loan of amount $64,478, the current approved amount is $64,478. The loan was approved on 04/30/2020 by The Farmers & Merchants Bank & Trust reported 25 jobs and $64,478 was used to fund payroll.

Coal fire inc is New Business or 2 years or less

COAL FIRE INC

Date Approved

04/30/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

COAL FIRE INC

Borrower Address

218 N 3RD ST

Borrower City

BURLINGTON

Borrower State

IA

Borrower Zip

52601-5320

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64477.50

Current Approval Amount

64477.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24636

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

221 Jefferson St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5213

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-5320

CD

IA-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64477.50

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

24636

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65084.66

Forgiveness Date

04/13/2021

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