PPP Loan information for Economy coating systems, inc.

$745,900

Economy coating systems, inc. was initially approved for PPP Loan of amount $745,900, the current approved amount is $745,900. The loan was approved on 04/03/2020 by The Citizens First Bank reported 70 jobs and $745,900 was used to fund payroll.

Economy coating systems, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CAMANCHE / Economy coating systems, inc.

ECONOMY COATING SYSTEMS, INC.

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ECONOMY COATING SYSTEMS, INC.

Borrower Address

320 21ST ST

Borrower City

CAMANCHE

Borrower State

IA

Borrower Zip

52730-9699

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

745900.00

Current Approval Amount

745900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124516

Servicing Lender Name

Citizens First Bank

Servicing Lender Address

1442 Lincolnway

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-7043

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMANCHE

Project County Name

CLINTON

Project State

IA

Project Zip

52730-9699

CD

IA-01

Jobs Reported

70

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

93235.00

Payroll Proceed

559426.00

Mortgage Interest Proceed

0.00

Rent Proceed

93239.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124516

Originating Lender

Citizens First Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

752418.96

Forgiveness Date

03/01/2021

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