Machine Tool Engineering (re)

$484,500 PPP Loan in Charles City, Iowa

Loan Details

Loan Number
6133017009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$484,500
Current Approval
$484,500
Forgiveness Amount
$489,224
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Machine Tool Engineering (re)
Address
2916 Hwy 18
State
Iowa
ZIP Code
50616
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$484,500

Lender Information

Servicing Lender
Cusb Bank
Originating Lender
Cusb Bank

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