Heartland Machine & Tool Inc.

$220,000 PPP Loan in New Hartford, Iowa

Loan Details

Loan Number
3063638504
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$220,000
Current Approval
$220,000
Forgiveness Amount
$220,959
Forgiveness Date
Aug 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Heartland Machine & Tool Inc.
Address
29706 Highway 57
State
Iowa
ZIP Code
50660-8669
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.4M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$219,999
Utilities
$1

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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