PPP Loan information for Ringsted welding & fabrication inc

$20,200

Ringsted welding & fabrication inc was initially approved for PPP Loan of amount $20,200, the current approved amount is $20,200. The loan was approved on 07/07/2020 by The Bank Midwest reported 4 jobs and $20,200 was used to fund payroll.

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

PPP Loan Search / IA / RINGSTED / Ringsted welding & fabrication inc

RINGSTED WELDING & FABRICATION INC

Date Approved

07/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RINGSTED WELDING & FABRICATION INC

Borrower Address

705 E 240th St.

Borrower City

RINGSTED

Borrower State

IA

Borrower Zip

50578-5047

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20200.00

Current Approval Amount

20200.00

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

N

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

50578-5047

CD

IA-04

Jobs Reported

4

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20200.00

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

20347.01

Forgiveness Date

03/30/2021

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