PPP Loan information for R & d engineering, inc. of earlham

$281,000

R & d engineering, inc. of earlham was initially approved for PPP Loan of amount $281,000, the current approved amount is $281,000. The loan was approved on 04/03/2020 by The Farmers and Merchants State Bank reported 33 jobs and $281,000 was used to fund payroll.

R & d engineering, inc. of earlham is Existing or more than 2 years old

PPP Loan Search / IA / EARLHAM / R & d engineering, inc. of earlham

R & D ENGINEERING, INC. OF EARLHAM

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R & D ENGINEERING, INC. OF EARLHAM

Borrower Address

690 N CHESTNUT AVE

Borrower City

EARLHAM

Borrower State

IA

Borrower Zip

50072-1036

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281000.00

Current Approval Amount

281000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25620

Servicing Lender Name

Farmers and Merchants State Bank

Servicing Lender Address

101 W Jefferson St

Servicing Lender City

WINTERSET

Servicing Lender State

IA

Servicing Lender Zip

50273-1546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EARLHAM

Project County Name

MADISON

Project State

IA

Project Zip

50072-1036

CD

IA-03

Jobs Reported

33

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

281000.00

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

Corporation

Originating Lender Location Id

25620

Originating Lender

Farmers and Merchants State Bank

Originating Lender City

WINTERSET

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282909.26

Forgiveness Date

12/15/2020

;