PPP Loan information for Lewis machine and tool co

$1,840,900

Lewis machine and tool co was initially approved for PPP Loan of amount $1,840,900, the current approved amount is $1,840,900. The loan was approved on 01/29/2021 by The First Central State Bank reported 177 jobs and $1,840,900 was used to fund payroll.

Lewis machine and tool co is Existing or more than 2 years old

LEWIS MACHINE AND TOOL CO

Date Approved

01/29/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

LEWIS MACHINE AND TOOL CO

Borrower Address

1600 E Leonard Ct

Borrower City

Eldridge

Borrower State

IA

Borrower Zip

52748-1350

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1840900.00

Current Approval Amount

1840900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eldridge

Project County Name

SCOTT

Project State

IA

Project Zip

52748-1350

CD

IA-01

Jobs Reported

177

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1840898.00

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

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1855375.02

Forgiveness Date

11/17/2021

;