PPP Loan information for Industrial spring corporation

$315,000

Industrial spring corporation was initially approved for PPP Loan of amount $315,000, the current approved amount is $315,000. The loan was approved on 04/04/2020 by The First Heritage Bank reported 22 jobs and $315,000 was used to fund payroll.

Industrial spring corporation is Existing or more than 2 years old

INDUSTRIAL SPRING CORPORATION

Date Approved

04/04/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

INDUSTRIAL SPRING CORPORATION

Borrower Address

1801 BEDFORD RD

Borrower City

KANSAS CITY

Borrower State

MO

Borrower Zip

64116-4402

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

315000.00

Current Approval Amount

315000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25745

Servicing Lender Name

First Heritage Bank

Servicing Lender Address

620 Fourth St

Servicing Lender City

CENTRALIA

Servicing Lender State

KS

Servicing Lender Zip

66415

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KANSAS CITY

Project County Name

CLAY

Project State

MO

Project Zip

64116-4402

CD

MO-05

Jobs Reported

22

NAICS Code

332613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

185000.00

Payroll Proceed

104150.00

Mortgage Interest Proceed

4350.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20500.00

Debt Interest Proceed

1000

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

25745

Originating Lender

First Heritage Bank

Originating Lender City

CENTRALIA

Originating Lender State

KS

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

317476.25

Forgiveness Date

01/25/2021

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