General Machine Works Company

$327,374 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
8779127103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$327,374
Current Approval
$327,374
Forgiveness Amount
$330,720
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
General Machine Works Company
Address
13 1st St W
State
Iowa
ZIP Code
51301
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$327,374

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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