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Sargent Metal Fabricating INC

$299,600 PPP Loan in Ames, Iowa

Loan Details

Loan Number
1129507204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$299,600
Current Approval
$299,600
Forgiveness Amount
$301,556
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sargent Metal Fabricating INC
Address
650 Arrasmith Trl
City
Ames
State
Iowa
ZIP Code
50010-9760
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$250,000
Utilities
$24,800
Health Care
$24,800

Lender Information

Servicing Lender
Exchange State Bank
Originating Lender
Exchange State Bank

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