PPP Loan information for East iowa machine company, llc

$2,195,900

East iowa machine company, llc was initially approved for PPP Loan of amount $2,195,900, the current approved amount is $2,195,900. The loan was approved on 04/09/2020 by The MidWestOne Bank reported 154 jobs and $2,195,900 was used to fund payroll.

East iowa machine company, llc is Existing or more than 2 years old

PPP Loan Search / IA / FARLEY / East iowa machine company, llc

EAST IOWA MACHINE COMPANY, LLC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

EAST IOWA MACHINE COMPANY, LLC

Borrower Address

800 Drill Point Drive

Borrower City

FARLEY

Borrower State

IA

Borrower Zip

52046-9704

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2195900.00

Current Approval Amount

2195900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARLEY

Project County Name

DUBUQUE

Project State

IA

Project Zip

52046-9704

CD

IA-02

Jobs Reported

154

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

137243.75

Payroll Proceed

1646925.00

Mortgage Interest Proceed

137243.75

Rent Proceed

137243.75

Refinance EIDL Proceed

137243.75

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2221701.82

Forgiveness Date

06/11/2021

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