PPP Loan information for Industrial design & automation inc

$159,967

Industrial design & automation inc was initially approved for PPP Loan of amount $159,967, the current approved amount is $159,967. The loan was approved on 04/23/2021 by The Ohnward Bank & Trust reported 10 jobs and $159,967 was used to fund payroll.

Industrial design & automation inc is Existing or more than 2 years old

INDUSTRIAL DESIGN & AUTOMATION INC

Date Approved

04/23/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

INDUSTRIAL DESIGN & AUTOMATION INC

Borrower Address

3806 Whittier Rd

Borrower City

Central City

Borrower State

IA

Borrower Zip

52214-9656

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159967.00

Current Approval Amount

159967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Central City

Project County Name

LINN

Project State

IA

Project Zip

52214-9656

CD

IA-02

Jobs Reported

10

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159967.00

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

Subchapter S Corporation

Originating Lender Location Id

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160484.15

Forgiveness Date

08/25/2021

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