PPP Loan information for Auto industrial machine service inc

$101,000

Auto industrial machine service inc was initially approved for PPP Loan of amount $101,000, the current approved amount is $101,000. The loan was approved on 02/13/2021 by The Charter Bank reported 9 jobs and $101,000 was used to fund payroll.

Auto industrial machine service inc is Existing or more than 2 years old

AUTO INDUSTRIAL MACHINE SERVICE INC

Date Approved

02/13/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

AUTO INDUSTRIAL MACHINE SERVICE INC

Borrower Address

1325 SW Ordnance Rd

Borrower City

Ankeny

Borrower State

IA

Borrower Zip

50023-2744

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101000.00

Current Approval Amount

101000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122736

Servicing Lender Name

Charter Bank

Servicing Lender Address

5526 NW 86th St

Servicing Lender City

JOHNSTON

Servicing Lender State

IA

Servicing Lender Zip

50131-2928

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ankeny

Project County Name

POLK

Project State

IA

Project Zip

50023-2744

CD

IA-03

Jobs Reported

9

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

100995.00

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

122736

Originating Lender

Charter Bank

Originating Lender City

JOHNSTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101695.78

Forgiveness Date

10/25/2021

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