PPP Loan information for Durant iron & metal corporation

$121,347

Durant iron & metal corporation was initially approved for PPP Loan of amount $121,347, the current approved amount is $121,347. The loan was approved on 04/29/2020 by The Blue Grass Savings Bank reported 14 jobs and $121,347 was used to fund payroll.

Durant iron & metal corporation is Existing or more than 2 years old

DURANT IRON & METAL CORPORATION

Date Approved

04/29/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DURANT IRON & METAL CORPORATION

Borrower Address

2226 Highway 927 West

Borrower City

DURANT

Borrower State

IA

Borrower Zip

52747-0758

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121347.00

Current Approval Amount

121347.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24609

Servicing Lender Name

Blue Grass Savings Bank

Servicing Lender Address

104 E Mayne St

Servicing Lender City

BLUE GRASS

Servicing Lender State

IA

Servicing Lender Zip

52726-9718

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

CEDAR

Project State

IA

Project Zip

52747-0758

CD

IA-01

Jobs Reported

14

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3981.84

Payroll Proceed

117365.16

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

24609

Originating Lender

Blue Grass Savings Bank

Originating Lender City

BLUE GRASS

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122370.97

Forgiveness Date

03/11/2021

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