PPP Loan information for Rock rapids machine & welding inc.

$45,000

Rock rapids machine & welding inc. was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 01/27/2021 by The Premier Bank reported 5 jobs and $45,000 was used to fund payroll.

Rock rapids machine & welding inc. is Existing or more than 2 years old

PPP Loan Search / IA / Rock Rapids / Rock rapids machine & welding inc.

ROCK RAPIDS MACHINE & WELDING INC.

Date Approved

01/27/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ROCK RAPIDS MACHINE & WELDING INC.

Borrower Address

1108 1st Ave

Borrower City

Rock Rapids

Borrower State

IA

Borrower Zip

51246-1026

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121393

Servicing Lender Name

Premier Bank

Servicing Lender Address

1004 21st Ave

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1446

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rock Rapids

Project County Name

LYON

Project State

IA

Project Zip

51246-1026

CD

IA-04

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44997.00

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

121393

Originating Lender

Premier Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45250.00

Forgiveness Date

08/25/2021

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