PPP Loan information for Custom conveyor & equipment corp

$89,500

Custom conveyor & equipment corp was initially approved for PPP Loan of amount $89,500, the current approved amount is $89,500. The loan was approved on 04/06/2020 by The Grinnell State Bank reported 7 jobs and $89,500 was used to fund payroll.

Custom conveyor & equipment corp is Existing or more than 2 years old

PPP Loan Search / IA / POLK CITY / Custom conveyor & equipment corp

CUSTOM CONVEYOR & EQUIPMENT CORP

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CUSTOM CONVEYOR & EQUIPMENT CORP

Borrower Address

109 1st Street

Borrower City

POLK CITY

Borrower State

IA

Borrower Zip

50226-2146

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89500.00

Current Approval Amount

89500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POLK CITY

Project County Name

POLK

Project State

IA

Project Zip

50226-2146

CD

IA-03

Jobs Reported

7

NAICS Code

333922

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

75000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90753.00

Forgiveness Date

09/01/2021

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