PPP Loan information for Salow mechanical insulation inc

$184,354

Salow mechanical insulation inc was initially approved for PPP Loan of amount $184,354, the current approved amount is $184,354. The loan was approved on 03/20/2021 by The Farmers & Merchants Savings Bank reported 22 jobs and $184,354 was used to fund payroll.

Salow mechanical insulation inc is Existing or more than 2 years old

PPP Loan Search / IA / Earlville / Salow mechanical insulation inc

SALOW MECHANICAL INSULATION INC

Date Approved

03/20/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SALOW MECHANICAL INSULATION INC

Borrower Address

103 W Margaret St

Borrower City

Earlville

Borrower State

IA

Borrower Zip

52041-2520

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

184354.00

Current Approval Amount

184354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Earlville

Project County Name

DELAWARE

Project State

IA

Project Zip

52041-2520

CD

IA-02

Jobs Reported

22

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

184352.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185695.69

Forgiveness Date

12/14/2021

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