PPP Loan information for Active thermal concepts inc.

$710,852

Active thermal concepts inc. was initially approved for PPP Loan of amount $710,852, the current approved amount is $710,852. The loan was approved on 01/20/2021 by The Farmers & Merchants Savings Bank reported 40 jobs and $710,852 was used to fund payroll.

Active thermal concepts inc. is Existing or more than 2 years old

PPP Loan Search / IA / Hiawatha / Active thermal concepts inc.

ACTIVE THERMAL CONCEPTS INC.

Date Approved

01/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

ACTIVE THERMAL CONCEPTS INC.

Borrower Address

2805 Stonegate Ct

Borrower City

Hiawatha

Borrower State

IA

Borrower Zip

52233-4714

Loan Status Date

12/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

710852.00

Current Approval Amount

710852.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hiawatha

Project County Name

LINN

Project State

IA

Project Zip

52233-4714

CD

IA-02

Jobs Reported

40

NAICS Code

562910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

710849.00

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

Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

717407.64

Forgiveness Date

12/21/2021

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