PPP Loan information for Octadyne systems, inc.

$50,000

Octadyne systems, inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/07/2020 by The First National Bank Ames, Iowa reported 3 jobs and $50,000 was used to fund payroll.

Octadyne systems, inc. is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Octadyne systems, inc.

OCTADYNE SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

OCTADYNE SYSTEMS, INC.

Borrower Address

310 MAIN ST, Suite 201

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-6148

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-6148

CD

IA-04

Jobs Reported

3

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

10500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50300.00

Forgiveness Date

11/23/2020

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