PPP Loan information for R & s machinery

$20,750

R & s machinery was initially approved for PPP Loan of amount $12,750, the current approved amount is $20,750. The loan was approved on 04/29/2020 by The Community Bank reported 1 jobs and $20,750 was used to fund payroll.

R & s machinery is Existing or more than 2 years old

R & S MACHINERY

Date Approved

04/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R & S MACHINERY

Borrower Address

793 216th Drive, PO Box 132

Borrower City

OGDEN

Borrower State

IA

Borrower Zip

50212-0132

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12750.00

Current Approval Amount

20750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24935

Servicing Lender Name

Community Bank

Servicing Lender Address

601 Iowa Ave

Servicing Lender City

DUNLAP

Servicing Lender State

IA

Servicing Lender Zip

51529-1333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OGDEN

Project County Name

BOONE

Project State

IA

Project Zip

50212-0132

CD

IA-04

Jobs Reported

1

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20750.00

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

Sole Proprietorship

Originating Lender Location Id

24935

Originating Lender

Community Bank

Originating Lender City

DUNLAP

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20951.25

Forgiveness Date

05/06/2021

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