PPP Loan information for Holverson welding and machine, llc

$252,400

Holverson welding and machine, llc was initially approved for PPP Loan of amount $252,400, the current approved amount is $252,400. The loan was approved on 04/11/2020 by The United Bank of Iowa reported 23 jobs and $252,400 was used to fund payroll.

Holverson welding and machine, llc is Existing or more than 2 years old

HOLVERSON WELDING AND MACHINE, LLC

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HOLVERSON WELDING AND MACHINE, LLC

Borrower Address

100 1ST ST

Borrower City

MOORHEAD

Borrower State

IA

Borrower Zip

51558-3042

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252400.00

Current Approval Amount

252400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25108

Servicing Lender Name

United Bank of Iowa

Servicing Lender Address

501 2nd St

Servicing Lender City

IDA GROVE

Servicing Lender State

IA

Servicing Lender Zip

51445-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

MONONA

Project State

IA

Project Zip

51558-3042

CD

IA-04

Jobs Reported

23

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

247635.00

Mortgage Interest Proceed

2265.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25108

Originating Lender

United Bank of Iowa

Originating Lender City

IDA GROVE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254080.36

Forgiveness Date

12/15/2020

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