PPP Loan information for Custom welding & repair, inc

$40,385

Custom welding & repair, inc was initially approved for PPP Loan of amount $40,385, the current approved amount is $40,385. The loan was approved on 04/27/2020 by The State Bank reported 5 jobs and $40,385 was used to fund payroll.

Custom welding & repair, inc is Existing or more than 2 years old

PPP Loan Search / IA / EVERLY / Custom welding & repair, inc

CUSTOM WELDING & REPAIR, INC

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CUSTOM WELDING & REPAIR, INC

Borrower Address

1000 N MAIN ST

Borrower City

EVERLY

Borrower State

IA

Borrower Zip

51338-7581

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40385.00

Current Approval Amount

40385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24983

Servicing Lender Name

State Bank

Servicing Lender Address

728 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EVERLY

Project County Name

CLAY

Project State

IA

Project Zip

51338-7581

CD

IA-04

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3077.00

Payroll Proceed

32308.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

Business Type

Subchapter S Corporation

Originating Lender Location Id

24983

Originating Lender

State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40737.25

Forgiveness Date

03/11/2021

;