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
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
Servicing Lender Zip
51301-3707
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
6
NAICS Code
541330
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
20796.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
20979.69
Forgiveness Date
12/14/2021