PPP Loan information for Industrial hardfacing inc

$389,100

Industrial hardfacing inc was initially approved for PPP Loan of amount $389,100, the current approved amount is $389,100. The loan was approved on 01/21/2021 by The Northwest Bank reported 42 jobs and $389,100 was used to fund payroll.

Industrial hardfacing inc is Existing or more than 2 years old

INDUSTRIAL HARDFACING INC

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

INDUSTRIAL HARDFACING INC

Borrower Address

218 E Main St

Borrower City

Lamoni

Borrower State

IA

Borrower Zip

50140-1244

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389100.00

Current Approval Amount

389100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lamoni

Project County Name

DECATUR

Project State

IA

Project Zip

50140-1244

CD

IA-03

Jobs Reported

42

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

389098.00

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

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

391369.75

Forgiveness Date

08/27/2021

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