PPP Loan information for Simon welding, inc.

$233,000

Simon welding, inc. was initially approved for PPP Loan of amount $233,000, the current approved amount is $233,000. The loan was approved on 04/14/2020 by The Farmers and Merchants State Bank reported 16 jobs and $233,000 was used to fund payroll.

Simon welding, inc. is Existing or more than 2 years old

PPP Loan Search / IA / WINTERSET / Simon welding, inc.

SIMON WELDING, INC.

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SIMON WELDING, INC.

Borrower Address

615 E LANE ST

Borrower City

WINTERSET

Borrower State

IA

Borrower Zip

50273-1279

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233000.00

Current Approval Amount

233000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25620

Servicing Lender Name

Farmers and Merchants State Bank

Servicing Lender Address

101 W Jefferson St

Servicing Lender City

WINTERSET

Servicing Lender State

IA

Servicing Lender Zip

50273-1546

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINTERSET

Project County Name

MADISON

Project State

IA

Project Zip

50273-1279

CD

IA-03

Jobs Reported

16

NAICS Code

333992

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

233000.00

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

Corporation

Originating Lender Location Id

25620

Originating Lender

Farmers and Merchants State Bank

Originating Lender City

WINTERSET

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

234295.86

Forgiveness Date

11/05/2020

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