PPP Loan information for 1871 corp.

$40,200

1871 corp. was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,200. The loan was approved on 01/16/2021 by The Community State Bank reported 8 jobs and $40,200 was used to fund payroll.

1871 corp. is Existing or more than 2 years old

PPP Loan Search / IA / Spencer / 1871 corp.

1871 CORP.

Date Approved

01/16/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

1871 CORP.

Borrower Address

1004 S Grand Ave

Borrower City

Spencer

Borrower State

IA

Borrower Zip

51301-5721

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spencer

Project County Name

CLAY

Project State

IA

Project Zip

51301-5721

CD

IA-04

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40198.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40521.60

Forgiveness Date

11/10/2021

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