Bachman Tool & Die, Co.

$819,870 PPP Loan in Independence, Iowa

Loan Details

Loan Number
6443247003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$819,870
Current Approval
$391,723
Forgiveness Amount
$394,106
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bachman Tool & Die, Co.
Address
1111 4th Avenue NE
State
Iowa
ZIP Code
50644-1203
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$391,723

Lender Information

Servicing Lender
Bankiowa
Originating Lender
Bankiowa

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