PPP Loan information for Ringsted welding & fabrication inc.

$20,131

Ringsted welding & fabrication inc. was initially approved for PPP Loan of amount $20,131, the current approved amount is $20,131. The loan was approved on 03/17/2021 by The Bank Midwest reported 4 jobs and $20,131 was used to fund payroll.

Ringsted welding & fabrication inc. is Existing or more than 2 years old

RINGSTED WELDING & FABRICATION INC.

Date Approved

03/17/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RINGSTED WELDING & FABRICATION INC.

Borrower Address

705 W 240th St

Borrower City

Ringsted

Borrower State

IA

Borrower Zip

50578-5000

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20131.00

Current Approval Amount

20131.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ringsted

Project County Name

EMMET

Project State

IA

Project Zip

50578-5000

CD

IA-04

Jobs Reported

4

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20127.00

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

Subchapter S Corporation

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20235.01

Forgiveness Date

09/21/2021

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