B and E Machine INC

$123,100 PPP Loan in Clinton, Iowa

Loan Details

Loan Number
4705477004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$123,100
Current Approval
$123,100
Forgiveness Amount
$123,804
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
B and E Machine INC
Address
1944 15th Ave
State
Iowa
ZIP Code
52732-6630
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$100,000
Utilities
$6,000
Health Care
$7,100
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Citizens First Bank
Originating Lender
Citizens First Bank

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