ATEK METAL TECHNOLOGIES, LLC (IA) - 2020 PPP Loan Borrower Profile (# 8786977000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ATEK METAL TECHNOLOGIES, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

8786977000

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$1,828,120

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,850,414.94

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

292,024

Payroll Proced

1,462,496

Mortgage Interest Proceed

38,200

Rent Proceed

24,000

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

11,400

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

331523

Borrower Location

New Hampton, IA

Project Location

New Hampton, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

149

Business Age Description

Existing or more than 2 years old

Data Source: SBA.