PPP Loan information for Metal in motion inc.

$10,000

Metal in motion inc. was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 02/09/2021 by The Farmers & Merchants Savings Bank reported 1 jobs and $10,000 was used to fund payroll.

Metal in motion inc. is Existing or more than 2 years old

METAL IN MOTION INC.

Date Approved

02/09/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

METAL IN MOTION INC.

Borrower Address

18969 171st Ave

Borrower City

Manchester

Borrower State

IA

Borrower Zip

52057-8706

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manchester

Project County Name

DELAWARE

Project State

IA

Project Zip

52057-8706

CD

IA-02

Jobs Reported

1

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10034.44

Forgiveness Date

06/15/2021

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