PPP Loan information for Art's-way manufacturing co., inc.

$1,242,900

Art's-way manufacturing co., inc. was initially approved for PPP Loan of amount $1,242,900, the current approved amount is $1,242,900. The loan was approved on 04/07/2020 by The Bank Midwest reported 129 jobs and $1,242,900 was used to fund payroll.

Art's-way manufacturing co., inc. is Existing or more than 2 years old

ART'S-WAY MANUFACTURING CO., INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ART'S-WAY MANUFACTURING CO., INC.

Borrower Address

5556 HIGHWAY 9

Borrower City

ARMSTRONG

Borrower State

IA

Borrower Zip

50514-7566

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1242900.00

Current Approval Amount

1242900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARMSTRONG

Project County Name

EMMET

Project State

IA

Project Zip

50514-7566

CD

IA-04

Jobs Reported

129

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1242900.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1249701.43

Forgiveness Date

11/05/2020

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