Metal Tech Industries, Inc.

$227,500 PPP Loan in Iowa Falls, Iowa

Loan Details

Loan Number
9209407009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$227,500
Current Approval
$227,500
Forgiveness Amount
$228,758
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Metal Tech Industries, Inc.
Address
1050 Brooks Rd
State
Iowa
ZIP Code
50126-8010
Business Type
Corporation
Industry (NAICS)
Manufacturing (339991)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$170,625
Rent
$15,000
Utilities
$10,000
Health Care
$31,875

Lender Information

Servicing Lender
Green Belt Bank & Trust
Originating Lender
Green Belt Bank & Trust

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