PPP Loan information for Basic machinery control llc

$20,800

Basic machinery control llc was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 01/31/2021 by The Northwest Bank reported 6 jobs and $20,800 was used to fund payroll.

Basic machinery control llc is Existing or more than 2 years old

BASIC MACHINERY CONTROL LLC

Date Approved

01/31/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BASIC MACHINERY CONTROL LLC

Borrower Address

9425 Woodland Dr

Borrower City

Johnston

Borrower State

IA

Borrower Zip

50131-2872

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnston

Project County Name

POLK

Project State

IA

Project Zip

50131-2872

CD

IA-03

Jobs Reported

6

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20796.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20979.69

Forgiveness Date

12/14/2021

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