PPP Loan information for Colfax tractor parts, inc.

$126,600

Colfax tractor parts, inc. was initially approved for PPP Loan of amount $126,600, the current approved amount is $126,600. The loan was approved on 04/07/2020 by The Bank Iowa reported 24 jobs and $126,600 was used to fund payroll.

Colfax tractor parts, inc. is Existing or more than 2 years old

COLFAX TRACTOR PARTS, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COLFAX TRACTOR PARTS, INC.

Borrower Address

10447 FIELD AVE

Borrower City

COLFAX

Borrower State

IA

Borrower Zip

50054-7720

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126600.00

Current Approval Amount

126600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLFAX

Project County Name

JASPER

Project State

IA

Project Zip

50054-7720

CD

IA-01

Jobs Reported

24

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2559.58

Payroll Proceed

98872.21

Mortgage Interest Proceed

0.00

Rent Proceed

729.18

Refinance EIDL Proceed

0.00

Health Care Proceed

24439.03

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127303.33

Forgiveness Date

11/03/2020

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