PPP Loan information for Advanced electroforming inc.

$10,000

Advanced electroforming inc. was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 01/31/2021 by The MidWestOne Bank reported 2 jobs and $10,000 was used to fund payroll.

Advanced electroforming inc. is Existing or more than 2 years old

PPP Loan Search / IA / West Branch / Advanced electroforming inc.

ADVANCED ELECTROFORMING INC.

Date Approved

01/31/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

ADVANCED ELECTROFORMING INC.

Borrower Address

612 Leonard Ln

Borrower City

West Branch

Borrower State

IA

Borrower Zip

52358-9415

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Branch

Project County Name

CEDAR

Project State

IA

Project Zip

52358-9415

CD

IA-01

Jobs Reported

2

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

9998.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7948.82

Forgiveness Date

04/12/2022

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