PPP Loan information for Industrial equipment corporation

$28,348

Industrial equipment corporation was initially approved for PPP Loan of amount $28,348, the current approved amount is $28,348. The loan was approved on 02/01/2021 by The Commerce Bank reported 3 jobs and $28,348 was used to fund payroll.

Industrial equipment corporation is Existing or more than 2 years old

PPP Loan Search / MO / Peculiar / Industrial equipment corporation

INDUSTRIAL EQUIPMENT CORPORATION

Date Approved

02/01/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

INDUSTRIAL EQUIPMENT CORPORATION

Borrower Address

10907 Industrial Cir

Borrower City

Peculiar

Borrower State

MO

Borrower Zip

64078-8262

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28347.60

Current Approval Amount

28347.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peculiar

Project County Name

CASS

Project State

MO

Project Zip

64078-8262

CD

MO-04

Jobs Reported

3

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

28344.60

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28496.42

Forgiveness Date

08/12/2021

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