PPP Loan information for Municipal pipe tool company, llc

$704,500

Municipal pipe tool company, llc was initially approved for PPP Loan of amount $704,500, the current approved amount is $704,500. The loan was approved on 04/05/2020 by The Cedar Rapids Bank and Trust Company reported 46 jobs and $704,500 was used to fund payroll.

Municipal pipe tool company, llc is Existing or more than 2 years old

PPP Loan Search / IA / HUDSON / Municipal pipe tool company, llc

MUNICIPAL PIPE TOOL COMPANY, LLC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MUNICIPAL PIPE TOOL COMPANY, LLC

Borrower Address

515 5th Street

Borrower City

HUDSON

Borrower State

IA

Borrower Zip

50643-7773

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

704500.00

Current Approval Amount

704500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50643-7773

CD

IA-02

Jobs Reported

46

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

704500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

709862.03

Forgiveness Date

01/20/2021

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