PPP Loan information for Lowry equipment inc.

$48,500

Lowry equipment inc. was initially approved for PPP Loan of amount $48,500, the current approved amount is $48,500. The loan was approved on 04/03/2020 by The County Bank reported 6 jobs and $48,500 was used to fund payroll.

Lowry equipment inc. is Existing or more than 2 years old

LOWRY EQUIPMENT INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LOWRY EQUIPMENT INC.

Borrower Address

840 S FRONT ST

Borrower City

MONTEZUMA

Borrower State

IA

Borrower Zip

50171-1016

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48500.00

Current Approval Amount

48500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25465

Servicing Lender Name

County Bank

Servicing Lender Address

201 S Jefferson St

Servicing Lender City

SIGOURNEY

Servicing Lender State

IA

Servicing Lender Zip

52591-1515

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTEZUMA

Project County Name

POWESHIEK

Project State

IA

Project Zip

50171-1016

CD

IA-02

Jobs Reported

6

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

36375.00

Mortgage Interest Proceed

0.00

Rent Proceed

6125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25465

Originating Lender

County Bank

Originating Lender City

SIGOURNEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49015.99

Forgiveness Date

04/28/2021

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