Beames Welding and Repair INC

$91,000 PPP Loan in Burlington, Iowa

Loan Details

Loan Number
6632797101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$91,000
Current Approval
$91,000
Forgiveness Amount
$91,672
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Beames Welding and Repair INC
Address
10962 Mill Dam Rd
State
Iowa
ZIP Code
52601
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$68,250
Rent
$5,688
Utilities
$5,688
Health Care
$5,688
Mortgage Interest
$5,688

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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