PPP Loan information for Inertia engineering and machine works, inc.

$1,062,495

Inertia engineering and machine works, inc. was initially approved for PPP Loan of amount $1,062,495, the current approved amount is $1,062,495. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 66 jobs and $1,062,495 was used to fund payroll.

Inertia engineering and machine works, inc. is New Business or 2 years or less

INERTIA ENGINEERING AND MACHINE WORKS, INC.

Date Approved

04/30/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

INERTIA ENGINEERING AND MACHINE WORKS, INC.

Borrower Address

6665 Hardaway Rd

Borrower City

Stockton

Borrower State

CA

Borrower Zip

95215

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1062495.00

Current Approval Amount

1062495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Stockton

Project County Name

SAN JOAQUIN

Project State

CA

Project Zip

95215-1000

CD

CA-09

Jobs Reported

66

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1062495.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1062303.82

Forgiveness Date

06/17/2021

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