PPP Loan information for Micro-surface finishing products, inc

$252,597

Micro-surface finishing products, inc was initially approved for PPP Loan of amount $252,597, the current approved amount is $252,597. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 20 jobs and $252,597 was used to fund payroll.

Micro-surface finishing products, inc is Existing or more than 2 years old

PPP Loan Search / IA / WILTON / Micro-surface finishing products, inc

MICRO-SURFACE FINISHING PRODUCTS, INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MICRO-SURFACE FINISHING PRODUCTS, INC

Borrower Address

1217 W Third Street PO BOX 70

Borrower City

WILTON

Borrower State

IA

Borrower Zip

52778-0070

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252597.00

Current Approval Amount

252597.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILTON

Project County Name

MUSCATINE

Project State

IA

Project Zip

52778-0070

CD

IA-01

Jobs Reported

20

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25258.72

Payroll Proceed

202079.56

Mortgage Interest Proceed

25258.72

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254098.55

Forgiveness Date

11/12/2020

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