PPP Loan information for Johnson machine works, inc.

$962,102

Johnson machine works, inc. was initially approved for PPP Loan of amount $962,102, the current approved amount is $962,102. The loan was approved on 04/08/2020 by The Midwest Heritage Bank, F.S.B. reported 85 jobs and $962,102 was used to fund payroll.

Johnson machine works, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CHARITON / Johnson machine works, inc.

JOHNSON MACHINE WORKS, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

JOHNSON MACHINE WORKS, INC.

Borrower Address

318 N 11th St

Borrower City

CHARITON

Borrower State

IA

Borrower Zip

50049-1704

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

962102.00

Current Approval Amount

962102.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119840

Servicing Lender Name

Midwest Heritage Bank, F.S.B.

Servicing Lender Address

3580 EP True Pkwy, Ste 100

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50265-7654

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARITON

Project County Name

LUCAS

Project State

IA

Project Zip

50049-1704

CD

IA-03

Jobs Reported

85

NAICS Code

331210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

962102.00

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

119840

Originating Lender

Midwest Heritage Bank, F.S.B.

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

971856.65

Forgiveness Date

04/19/2021

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