PPP Loan information for Iron horse, inc.

$292,133

Iron horse, inc. was initially approved for PPP Loan of amount $292,133, the current approved amount is $292,133. The loan was approved on 04/07/2020 by The Horizon Financial Bank reported 17 jobs and $292,133 was used to fund payroll.

Iron horse, inc. is Existing or more than 2 years old

IRON HORSE, INC.

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

IRON HORSE, INC.

Borrower Address

213 3RD ST SOUTH

Borrower City

NEW TOWN

Borrower State

ND

Borrower Zip

58763-4044

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292132.92

Current Approval Amount

292132.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52910

Servicing Lender Name

Horizon Financial Bank

Servicing Lender Address

416 Main St

Servicing Lender City

MUNICH

Servicing Lender State

ND

Servicing Lender Zip

58352

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW TOWN

Project County Name

MOUNTRAIL

Project State

ND

Project Zip

58763-4044

CD

ND-

Jobs Reported

17

NAICS Code

488490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

254132.92

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24000.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

52910

Originating Lender

Horizon Financial Bank

Originating Lender City

MUNICH

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283896.25

Forgiveness Date

11/23/2020

;